Frontier Asset Management LLC purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 23,836 shares of the company’s stock, valued at approximately $1,799,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMLF. Royal Bank of Canada raised its position in iShares U.S. Small Cap Equity Factor ETF by 150.9% in the 1st quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock valued at $4,254,000 after purchasing an additional 41,163 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 20.4% during the first quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock worth $1,039,000 after purchasing an additional 2,832 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 769.0% during the first quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock worth $8,357,000 after purchasing an additional 118,972 shares during the last quarter. Peapack Gladstone Financial Corp increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 506.4% in the second quarter. Peapack Gladstone Financial Corp now owns 66,351 shares of the company’s stock valued at $4,508,000 after buying an additional 55,409 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at $596,000.
iShares U.S. Small Cap Equity Factor ETF Stock Down 0.6%
iShares U.S. Small Cap Equity Factor ETF stock opened at $86.48 on Friday. The stock has a 50-day simple moving average of $85.89 and a 200 day simple moving average of $81.04. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $67.43 and a 12-month high of $89.74. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 17.17 and a beta of 1.07.
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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