Schmidt P J Investment Management Inc. Has $1.19 Million Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Schmidt P J Investment Management Inc. raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 19.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 17,930 shares of the company’s stock after acquiring an additional 2,858 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $1,190,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. ORG Partners LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter worth approximately $91,000. O Shaughnessy Asset Management LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 34.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,883 shares of the company’s stock valued at $120,000 after purchasing an additional 481 shares during the period. International Assets Investment Management LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF during the second quarter worth about $174,000. Cadence Bank bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at about $201,000. Finally, Selective Wealth Management Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at approximately $203,000.

iShares U.S. Small Cap Equity Factor ETF Price Performance

NYSEARCA:SMLF opened at $66.34 on Friday. The firm’s 50 day simple moving average is $65.21 and its 200 day simple moving average is $62.95. The company has a market cap of $1.12 billion, a PE ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a one year low of $47.77 and a one year high of $68.23.

iShares U.S. Small Cap Equity Factor ETF Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility).