Flagship Private Wealth LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 4,174 shares of the company’s stock, valued at approximately $277,000.
A number of other large investors have also recently added to or reduced their stakes in SMLF. Private Advisor Group LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 11.3% in the first quarter. Private Advisor Group LLC now owns 12,930 shares of the company’s stock worth $822,000 after buying an additional 1,308 shares during the last quarter. ORG Partners LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF during the second quarter valued at about $91,000. Brookstone Capital Management acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at about $1,251,000. FMA Wealth Management LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 124.2% in the third quarter. FMA Wealth Management LLC now owns 75,428 shares of the company’s stock worth $5,005,000 after purchasing an additional 41,781 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter worth about $267,000.
iShares U.S. Small Cap Equity Factor ETF Stock Up 1.8 %
Shares of NYSEARCA:SMLF opened at $67.59 on Wednesday. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. The business has a 50 day moving average price of $65.62 and a 200 day moving average price of $63.37. iShares U.S. Small Cap Equity Factor ETF has a twelve month low of $49.30 and a twelve month high of $68.23.
About iShares U.S. Small Cap Equity Factor ETF
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).
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