Stratos Wealth Partners LTD. Acquires 6,861 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Stratos Wealth Partners LTD. boosted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,401 shares of the company’s stock after acquiring an additional 6,861 shares during the period. Stratos Wealth Partners LTD. owned 0.41% of iShares U.S. Small Cap Equity Factor ETF worth $4,617,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Concord Wealth Partners boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 126.2% during the fourth quarter. Concord Wealth Partners now owns 441 shares of the company’s stock valued at $30,000 after purchasing an additional 246 shares in the last quarter. S.A. Mason LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at $97,000. Leavell Investment Management Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $200,000. Selective Wealth Management Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $203,000. Finally, Arkadios Wealth Advisors bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $206,000.

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

Shares of NYSEARCA SMLF opened at $70.79 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $57.61 and a 1 year high of $74.69. The firm has a 50-day moving average of $70.16 and a 200 day moving average of $67.46. The stock has a market cap of $1.19 billion, a P/E ratio of 13.60 and a beta of 1.19.

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).