iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sets New 52-Week High at $37.16

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) reached a new 52-week high during trading on Monday . The stock traded as high as $37.16 and last traded at $37.11, with a volume of 30739 shares trading hands. The stock had previously closed at $36.83.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.4 %

The company has a fifty day simple moving average of $36.57 and a two-hundred day simple moving average of $35.47. The stock has a market capitalization of $779.55 million, a P/E ratio of 16.80 and a beta of 0.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Prime Capital Investment Advisors LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter valued at $552,000. Moloney Securities Asset Management LLC increased its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 41.4% during the first quarter. Moloney Securities Asset Management LLC now owns 8,636 shares of the company’s stock worth $323,000 after purchasing an additional 2,529 shares during the period. Confluence Wealth Services Inc. bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 4th quarter valued at $268,000. First Bank & Trust acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the first quarter worth about $242,000. Finally, Wetzel Investment Advisors Inc. bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the fourth quarter valued at approximately $143,000.

About iShares MSCI USA Small-Cap Min Vol Factor ETF

The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints. SMMV was launched on Sep 7, 2016 and is managed by BlackRock.