iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading Up 0.6% – Time to Buy?

Shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) were up 0.6% on Monday . The stock traded as high as $41.68 and last traded at $41.60. Approximately 15,634 shares traded hands during mid-day trading, The stock had previously closed at $41.34.

iShares MSCI USA Small-Cap Min Vol Factor ETF Price Performance

The stock has a 50 day moving average of $42.73 and a 200 day moving average of $40.63. The firm has a market cap of $861.71 million, a P/E ratio of 17.46 and a beta of 0.63.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Moloney Securities Asset Management LLC increased its stake in shares of 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 buying an additional 2,847 shares during the period. Cable Hill Partners LLC bought a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter worth $260,000. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the third quarter valued at about $335,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% during the third quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $567,000 after acquiring an additional 10,585 shares during the last quarter.

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.