iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Reaches New 52-Week High – Still a Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $72.91 and last traded at $72.91, with a volume of 34277 shares changing hands. The stock had previously closed at $71.68.

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

The business’s 50 day moving average price is $67.61 and its 200 day moving average price is $64.29. The firm has a market cap of $1.23 billion, a PE ratio of 13.60 and a beta of 1.19.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Several large investors have recently bought and sold shares of the company. MML Investors Services LLC boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 34.0% in the third quarter. MML Investors Services LLC now owns 97,429 shares of the company’s stock worth $6,464,000 after acquiring an additional 24,719 shares during the last quarter. Pacific Center for Financial Services lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.3% in the 3rd quarter. Pacific Center for Financial Services now owns 394,724 shares of the company’s stock valued at $26,190,000 after purchasing an additional 9,008 shares in the last quarter. Jane Street Group LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 135.3% during the 3rd quarter. Jane Street Group LLC now owns 19,742 shares of the company’s stock worth $1,310,000 after purchasing an additional 11,351 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 19.9% during the third quarter. Integrated Wealth Concepts LLC now owns 260,190 shares of the company’s stock worth $17,264,000 after buying an additional 43,160 shares in the last quarter. Finally, Acropolis Investment Management LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.8% in the third quarter. Acropolis Investment Management LLC now owns 787,142 shares of the company’s stock valued at $52,227,000 after buying an additional 13,677 shares during the last quarter.

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).