iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Reaches New 1-Year High – Here’s What Happened

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $80.77 and last traded at $80.43, with a volume of 3648 shares trading hands. The stock had previously closed at $80.49.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.0%

The company has a market cap of $3.53 billion, a price-to-earnings ratio of 17.17 and a beta of 1.09. The firm’s fifty day moving average price is $77.33 and its 200-day moving average price is $76.18.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Abound Wealth Management acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at $27,000. IFP Advisors Inc grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after buying an additional 362 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at $33,000. Harbour Investments Inc. grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% in the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock valued at $69,000 after buying an additional 707 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 450.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,030 shares of the company’s stock valued at $77,000 after buying an additional 843 shares during the period.

About iShares U.S. Small Cap Equity Factor ETF

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.