iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading Up 0.4% – Here’s What Happened

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s share price were up 0.4% on Monday . The stock traded as high as $46.36 and last traded at $46.27. Approximately 12,822 shares were traded during trading, a decline of 41% from the average daily volume of 21,681 shares. The stock had previously closed at $46.09.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 0.4%

The stock has a market cap of $351.65 million, a price-to-earnings ratio of 18.24 and a beta of 0.69. The company’s 50-day moving average is $44.58 and its 200-day moving average is $43.47.

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

Several institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.6% during the second quarter. Ameriprise Financial Inc. now owns 207,254 shares of the company’s stock worth $8,708,000 after acquiring an additional 21,534 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 34.9% in the 4th quarter. Advisory Services Network LLC now owns 35,641 shares of the company’s stock worth $1,544,000 after purchasing an additional 9,224 shares during the last quarter. Coldstream Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter worth about $311,000. Farther Finance Advisors LLC increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 2,874.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,421 shares of the company’s stock worth $147,000 after purchasing an additional 3,306 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 4th quarter valued at about $75,000.

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.