BKM Wealth Management LLC Cuts Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

BKM Wealth Management LLC lessened its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 13.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,695 shares of the company’s stock after selling 3,676 shares during the period. BKM Wealth Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $1,678,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Spire Wealth Management purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at approximately $28,000. Olde Wealth Management LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at approximately $35,000. Bartlett & CO. Wealth Management LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at approximately $88,000. Comerica Bank lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 98.2% in the first quarter. Comerica Bank now owns 2,349 shares of the company’s stock valued at $146,000 after purchasing an additional 1,164 shares during the last quarter. Finally, Traction Financial Partners LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at approximately $233,000.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.1%

iShares U.S. Small Cap Equity Factor ETF stock opened at $73.40 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $53.39 and a 12 month high of $75.86. The business’s 50 day simple moving average is $73.39 and its 200 day simple moving average is $67.96. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10.

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).