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

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shot up 0.4% during mid-day trading on Monday . The stock traded as high as $44.67 and last traded at $44.67. 3,996 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 19,029 shares. The stock had previously closed at $44.48.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Up 0.2%

The firm has a 50-day moving average of $44.70 and a 200-day moving average of $43.77. The stock has a market capitalization of $340.18 million, a price-to-earnings ratio of 18.24 and a beta of 0.69.

Hedge Funds Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

Several hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 207,254 shares of the company’s stock valued at $8,708,000 after acquiring an additional 21,534 shares during the period. Advisory Services Network LLC increased its position 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 valued at $1,544,000 after acquiring an additional 9,224 shares during the period. Farther Finance Advisors LLC increased its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 2,874.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,421 shares of the company’s stock valued at $147,000 after acquiring an additional 3,306 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter valued at $75,000. Finally, Root Financial Partners LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter valued at $27,000.

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.