iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Shares Down 0.7% – Here’s What Happened

iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE – Get Free Report) shares dropped 0.7% during trading on Monday. The stock traded as low as $174.75 and last traded at $175.53. 5,998 shares were traded during mid-day trading, an increase of 3% from the average session volume of 5,811 shares. The stock had previously closed at $176.76.

iShares MSCI USA Size Factor ETF Trading Down 0.7%

The business has a 50-day moving average of $181.07 and a 200 day moving average of $174.29. The firm has a market capitalization of $421.27 million, a P/E ratio of 21.17 and a beta of 0.96.

Hedge Funds Weigh In On iShares MSCI USA Size Factor ETF

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new position in shares of iShares MSCI USA Size Factor ETF in the 1st quarter worth $209,000. 46 Peaks LLC bought a new stake in iShares MSCI USA Size Factor ETF during the 4th quarter valued at $246,000. TKG Advisors LLC acquired a new position in iShares MSCI USA Size Factor ETF during the first quarter worth $272,000. NewEdge Advisors LLC raised its holdings in iShares MSCI USA Size Factor ETF by 101.2% during the first quarter. NewEdge Advisors LLC now owns 4,441 shares of the company’s stock worth $708,000 after buying an additional 2,234 shares during the last quarter. Finally, G&S Capital LLC raised its holdings in iShares MSCI USA Size Factor ETF by 5.4% during the second quarter. G&S Capital LLC now owns 6,917 shares of the company’s stock worth $1,233,000 after buying an additional 357 shares during the last quarter.

About iShares MSCI USA Size Factor ETF

(Get Free Report)

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.

Further Reading

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