iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Short Interest Update

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 174 shares, a decrease of 55.0% from the August 31st total of 387 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 8,106 shares, the short-interest ratio is currently 0.0 days.

iShares MSCI USA Small-Cap Min Vol Factor ETF Trading Down 0.1%

Shares of SMMV opened at $44.71 on Wednesday. The stock’s 50-day moving average price is $46.80 and its two-hundred day moving average price is $45.51. iShares MSCI USA Small-Cap Min Vol Factor ETF has a 12 month low of $41.67 and a 12 month high of $47.98. The company has a market capitalization of $339.80 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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Community Bank & Trust Waco Texas acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 2nd quarter valued at approximately $601,000. Continuum Advisory LLC acquired a new position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter worth approximately $235,000. Oarsman Capital Inc. bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 2nd quarter valued at $112,000. CoreCap Advisors LLC boosted its stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 164.2% in the 2nd 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 last quarter. Finally, Advisors Preferred LLC bought a new stake in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF in the 1st quarter valued at $157,000.

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.