iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV – Get Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 672 shares, a decline of 39.8% from the June 30th total of 1,116 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,114 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its stake 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 valued at $8,708,000 after purchasing an additional 21,534 shares during the last quarter. Advisory Services Network LLC grew its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 34.9% during the 4th quarter. Advisory Services Network LLC now owns 35,641 shares of the company’s stock worth $1,544,000 after buying an additional 9,224 shares during the period. Advisors Preferred LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the first quarter worth approximately $157,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF during the fourth quarter worth approximately $75,000. Finally, CoreCap Advisors LLC raised its stake in shares of 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 worth $63,000 after buying an additional 852 shares during the last quarter.
iShares MSCI USA Small-Cap Min Vol Factor ETF Stock Down 0.6%
Shares of SMMV opened at $46.99 on Friday. The stock’s fifty day simple moving average is $45.54 and its 200-day simple moving average is $44.97. The firm has a market capitalization of $357.12 million, a PE ratio of 18.24 and a beta of 0.69. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 12-month low of $41.02 and a 12-month high of $47.56.
iShares MSCI USA Small-Cap Min Vol Factor ETF Company Profile
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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