iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Trading Down 0.2% – Here’s What Happened

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMVGet Free Report) shares were down 0.2% on Tuesday . The stock traded as low as $45.38 and last traded at $45.38. 10,495 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 12,804 shares. The stock had previously closed at $45.48.

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

The company’s 50 day moving average price is $47.00 and its two-hundred day moving average price is $45.53. The firm has a market cap of $344.89 million, a PE 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 institutional investors and hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC grew its holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% during the second 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. Oarsman Capital Inc. bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the second quarter worth about $112,000. Advisors Preferred LLC bought a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the first quarter worth about $157,000. Continuum Advisory LLC purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter valued at about $235,000. Finally, Community Bank & Trust Waco Texas purchased a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter valued at about $601,000.

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

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares MSCI USA Small-Cap Min Vol Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Small-Cap Min Vol Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.