Park Avenue Securities LLC purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 130,731 shares of the company’s stock, valued at approximately $10,924,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Pittenger & Anderson Inc. purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the first quarter worth about $25,000. IFP Advisors Inc lifted its position in iShares U.S. Small Cap Equity Factor ETF by 525.0% in the third quarter. IFP Advisors Inc now owns 450 shares of the company’s stock valued at $38,000 after purchasing an additional 378 shares during the period. Triumph Capital Management boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 138.8% in the 2nd quarter. Triumph Capital Management now owns 578 shares of the company’s stock valued at $47,000 after purchasing an additional 336 shares in the last quarter. Integrity Financial Corp WA purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at approximately $53,000. Finally, Polaris Financial Partners purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at approximately $51,000.
iShares U.S. Small Cap Equity Factor ETF Trading Up 0.7%
NYSEARCA SMLF opened at $85.39 on Wednesday. The business’s 50 day moving average is $85.90 and its two-hundred day moving average is $83.15. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $70.00 and a 12-month high of $90.74. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 17.17 and a beta of 1.09.
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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.
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