Addison Advisors LLC Cuts Stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Addison Advisors LLC reduced its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,767 shares of the company’s stock after selling 1,369 shares during the period. iShares U.S. Small Cap Equity Factor ETF accounts for about 1.5% of Addison Advisors LLC’s investment portfolio, making the stock its 14th largest position. Addison Advisors LLC owned 0.49% of iShares U.S. Small Cap Equity Factor ETF worth $5,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Arkadios Wealth Advisors purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at approximately $206,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 2.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,872 shares of the company’s stock valued at $788,000 after purchasing an additional 309 shares during the period. J.W. Cole Advisors Inc. raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 12.9% during the third quarter. J.W. Cole Advisors Inc. now owns 14,459 shares of the company’s stock valued at $959,000 after purchasing an additional 1,655 shares during the period. Edge Financial Advisors LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at approximately $298,000. Finally, S.A. Mason LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at approximately $97,000.

iShares U.S. Small Cap Equity Factor ETF Stock Down 0.6 %

SMLF opened at $67.24 on Tuesday. The firm has a market capitalization of $1.66 billion, a P/E ratio of 17.64 and a beta of 1.13. The firm’s 50 day moving average is $69.48 and its 200-day moving average is $68.06. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $58.48 and a 52-week high of $74.69.

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).