iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Unusually-High Trading Volume – Here’s What Happened

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLFGet Free Report) shares saw strong trading volume on Tuesday . 775,377 shares were traded during trading, an increase of 297% from the previous session’s volume of 195,262 shares.The stock last traded at $62.36 and had previously closed at $61.97.

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

The company has a market capitalization of $1.53 billion, a PE ratio of 17.64 and a beta of 1.13. The company’s 50-day simple moving average is $68.70 and its 200-day simple moving average is $68.24.

Hedge Funds Weigh In On iShares U.S. Small Cap Equity Factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SMLF. Concord Wealth Partners increased its stake in iShares U.S. Small Cap Equity Factor ETF by 126.2% in the 4th quarter. Concord Wealth Partners now owns 441 shares of the company’s stock valued at $30,000 after buying an additional 246 shares during the period. Morse Asset Management Inc acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth about $38,000. Blue Trust Inc. increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 7,494.4% during the fourth quarter. Blue Trust Inc. now owns 1,367 shares of the company’s stock worth $92,000 after acquiring an additional 1,349 shares during the period. JFS Wealth Advisors LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth about $125,000. Finally, Capital Analysts LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 3,808.0% in the fourth quarter. Capital Analysts LLC now owns 1,954 shares of the company’s stock valued at $132,000 after purchasing an additional 1,904 shares during the period.

About iShares U.S. Small Cap Equity Factor ETF

(Get Free Report)

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).

Further Reading

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