iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Sees 0.6% Increase in Trading

On January 7, 2025, shares of the iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) experienced a modest gain of 0.6% during mid-day trading. The stock reached a peak of $41.68 before settling at $41.60, reflecting an increase from the previous close of $41.34. A total of 15,634 shares changed hands during this trading session.

Stock Performance and Market Indicators

Despite the recent uptick, the iShares MSCI USA Small-Cap Min Vol Factor ETF has seen a 0.9% decline overall. Looking at its performance metrics, the stock has a fifty-day moving average of $42.73 and a 200-day moving average of $40.63. Additionally, the company holds a market capitalization of approximately $861.71 million, with a price-to-earnings (P/E) ratio of 17.46 and a beta of 0.63, indicating lower volatility compared to the overall market.

Activity Among Institutional Investors

Recent activity among institutional investors and hedge funds shows a dynamic interest in the iShares MSCI USA Small-Cap Min Vol Factor ETF. In the third quarter, Cable Hill Partners LLC acquired a new stake worth $260,000, while Flow Traders U.S. LLC invested approximately $335,000 in the fund. Notably, JPMorgan Chase & Co. significantly increased its stake by 320.4%, now owning a total of 13,889 shares valued at $567,000 after adding 10,585 shares in the last quarter. Moloney Securities Asset Management LLC also raised its position by 11.1%, bringing its total holding to 28,459 shares valued at $1,161,000.

About the iShares MSCI USA Small-Cap Min Vol Factor ETF

The iShares MSCI USA Small-Cap Min Vol Factor ETF, often abbreviated as SMMV, is an exchange-traded fund focused primarily on small-cap stocks. Launched on September 7, 2016, and managed by BlackRock, the fund aims to track an index of U.S.-listed small-capitalization stocks specifically selected and weighted to create a low-volatility investment portfolio.

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