Phillips Financial Management LLC Sells 17,220 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

Phillips Financial Management LLC trimmed its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 28.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 42,268 shares of the company’s stock after selling 17,220 shares during the period. Phillips Financial Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $2,872,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 22.6% in the 1st quarter. Raymond James Financial Inc. now owns 67,380 shares of the company’s stock valued at $4,188,000 after acquiring an additional 12,406 shares during the last quarter. Spire Wealth Management bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at $28,000. Atria Wealth Solutions Inc. raised its position in iShares U.S. Small Cap Equity Factor ETF by 15.8% during the 1st quarter. Atria Wealth Solutions Inc. now owns 6,203 shares of the company’s stock worth $386,000 after purchasing an additional 846 shares during the last quarter. Park Avenue Securities LLC raised its position in iShares U.S. Small Cap Equity Factor ETF by 12.6% during the 2nd quarter. Park Avenue Securities LLC now owns 5,958 shares of the company’s stock worth $405,000 after purchasing an additional 669 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at about $10,295,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.2%

NYSEARCA SMLF opened at $74.61 on Wednesday. The business’s 50-day moving average price is $73.59 and its two-hundred day moving average price is $68.20. 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 firm has a market capitalization of $2.54 billion, a PE ratio of 17.17 and a beta of 1.10.

iShares U.S. Small Cap Equity Factor ETF Company 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).