Short Interest in iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) Decreases By 40.2%

iShares MSCI USA Small-Cap Min Vol Factor ETF (BATS:SMMV) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,116 shares, a decrease of 40.2% from the June 15th total of 1,867 shares. Based on an average daily trading volume, of 16,951 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares MSCI USA Small-Cap Min Vol Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC grew 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 purchasing an additional 852 shares in the last quarter. Advisors Preferred LLC acquired a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF in the first quarter valued at $157,000. Advisory Services Network LLC lifted its holdings in 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 last quarter. Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI USA Small-Cap Min Vol Factor ETF during the 4th quarter worth about $75,000. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Small-Cap Min Vol Factor ETF by 11.6% during 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.

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

Shares of BATS:SMMV opened at $46.34 on Thursday. iShares MSCI USA Small-Cap Min Vol Factor ETF has a fifty-two week low of $41.02 and a fifty-two week high of $46.77. The firm’s 50 day moving average price is $45.00 and its 200 day moving average price is $44.72. The stock has a market cap of $352.18 million, a price-to-earnings ratio of 18.24 and a beta of 0.69.

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.