Prime Capital Investment Advisors LLC reduced its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV – Free Report) by 68.3% during the third quarter, Holdings Channel reports. The firm owned 15,183 shares of the company’s stock after selling 32,706 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI USA Small-Cap Min Vol Factor ETF were worth $675,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Continuum Advisory LLC purchased a new position in iShares MSCI USA Small-Cap Min Vol Factor ETF during the second quarter valued at $235,000. Community Bank & Trust Waco Texas purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter valued at about $601,000. Oarsman Capital Inc. purchased a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the second quarter worth approximately $112,000. CoreCap Advisors LLC increased its position 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 acquiring an additional 852 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the 1st quarter valued at about $157,000.
iShares MSCI USA Small-Cap Min Vol Factor ETF Price Performance
Shares of SMMV stock opened at $46.48 on Friday. The firm has a fifty day moving average price of $46.19 and a 200-day moving average price of $45.72. The company has a market cap of $353.25 million, a price-to-earnings ratio of 18.24 and a beta of 0.69. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 1 year low of $41.67 and a 1 year high of $47.98.
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.
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Want to see what other hedge funds are holding SMMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV – Free Report).
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