iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Shares Up 0.2% – Time to Buy?

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) shares were up 0.2% during trading on Tuesday . The stock traded as high as $44.87 and last traded at $44.80. Approximately 14,548 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 16,382 shares. The stock had previously closed at $44.70.

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

The company has a market cap of $340.48 million, a price-to-earnings ratio of 18.24 and a beta of 0.69. The firm has a 50-day moving average price of $44.39 and a 200 day moving average price of $44.18.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 3rd quarter worth approximately $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 4th quarter worth approximately $75,000. Advisors Preferred LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 1st quarter worth approximately $157,000. Advisory Services Network LLC grew 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 worth $1,544,000 after acquiring an additional 9,224 shares in the last quarter. Finally, Ameriprise Financial Inc. grew 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 worth $8,708,000 after acquiring 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.