JPMorgan Chase & Co. Raises Stock Holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)

JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) by 320.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,889 shares of the company’s stock after buying an additional 10,585 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.07% of iShares MSCI USA Small-Cap Min Vol Factor ETF worth $567,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cable Hill Partners LLC purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth approximately $260,000. Flow Traders U.S. LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter worth approximately $335,000. Finally, Moloney Securities Asset Management LLC grew its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% in the third quarter. Moloney Securities Asset Management LLC now owns 28,459 shares of the company’s stock worth $1,161,000 after purchasing an additional 2,847 shares in the last quarter.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 2.5 %

Shares of BATS:SMMV opened at $42.42 on Tuesday. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 52-week low of $26.20 and a 52-week high of $31.04. The stock has a market cap of $886.66 million, a P/E ratio of 17.46 and a beta of 0.63. The business’s 50 day moving average is $42.53 and its 200 day moving average is $41.11.

iShares MSCI USA Small-Cap Min Vol Factor ETF Profile

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.