iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading Up 0.4% – Still a Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares shot up 0.4% on Monday . The company traded as high as $41.95 and last traded at $41.56. 41,812 shares changed hands during trading, a decline of 61% from the average session volume of 108,291 shares. The stock had previously closed at $41.39.

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

The stock has a market capitalization of $286.34 million, a P/E ratio of 18.06 and a beta of 0.82. The firm has a fifty day moving average price of $41.84 and a two-hundred day moving average price of $41.83.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SMMV. Moloney Securities Asset Management LLC grew its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 4.2% during the 4th quarter. Moloney Securities Asset Management LLC now owns 29,645 shares of the company’s stock valued at $1,229,000 after purchasing an additional 1,186 shares during the period. 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 worth approximately $335,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 320.4% in the third quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $567,000 after buying an additional 10,585 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter valued at approximately $609,000.

iShares MSCI USA Small-Cap Min Vol Factor ETF Company 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.