iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Hits New 12-Month High – Still a Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares reached a new 52-week high during trading on Monday . The stock traded as high as $44.16 and last traded at $44.02, with a volume of 79844 shares changing hands. The stock had previously closed at $43.74.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.5 %

The firm has a 50-day moving average price of $40.99 and a 200-day moving average price of $39.09. The company has a market capitalization of $908.11 million, a price-to-earnings ratio of 17.46 and a beta of 0.63.

Institutional Trading of iShares MSCI USA Small-Cap Min Vol Factor ETF

Large investors have recently made changes to their positions in the company. Mosaic Family Wealth Partners LLC boosted its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 6.8% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 18,104 shares of the company’s stock worth $678,000 after purchasing an additional 1,157 shares during the period. Moloney Securities Asset Management LLC boosted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.1% during the 3rd 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 last quarter. Finally, Cable Hill Partners LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 3rd quarter worth about $260,000.

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.