Plancorp LLC Raises Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Plancorp LLC lifted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 12.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,548 shares of the company’s stock after purchasing an additional 1,045 shares during the period. Plancorp LLC owned 0.06% of iShares U.S. Small Cap Equity Factor ETF worth $644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SMLF. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $31,691,000. Exchange Traded Concepts LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $9,438,000. Denver PWM LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth $8,067,000. Fox Financial Inc increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 32.4% in the 4th quarter. Fox Financial Inc now owns 278,959 shares of the company’s stock worth $18,830,000 after purchasing an additional 68,239 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $3,711,000.

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

NYSEARCA:SMLF opened at $63.03 on Friday. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 16.30 and a beta of 1.13. iShares U.S. Small Cap Equity Factor ETF has a one year low of $58.48 and a one year high of $74.69. The business has a fifty day moving average price of $67.74 and a 200-day moving average price of $68.08.

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).