iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Stock Price Up 0.5% – Should You Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV)’s stock price were up 0.5% during trading on Tuesday . The company traded as high as $46.77 and last traded at $46.71. Approximately 4,222 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 15,120 shares. The stock had previously closed at $46.49.

iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Up 0.5%

The firm’s 50 day simple moving average is $44.82 and its 200 day simple moving average is $44.61. The company has a market capitalization of $355.00 million, a PE ratio of 18.24 and a beta of 0.69.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC increased its position in iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% during the 2nd quarter. CoreCap Advisors LLC now owns 1,371 shares of the company’s stock valued at $63,000 after purchasing an additional 852 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth $75,000. Advisors Preferred LLC acquired a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter valued at about $157,000. Advisory Services Network LLC increased its holdings in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 34.9% during the fourth 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 in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 207,254 shares of the company’s stock valued at $8,708,000 after purchasing an additional 21,534 shares in 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.