iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Strong Trading Volume – Should You Buy?

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw unusually-strong trading volume on Tuesday . Approximately 775,377 shares changed hands during trading, an increase of 297% from the previous session’s volume of 195,262 shares.The stock last traded at $62.36 and had previously closed at $61.97.

iShares U.S. Small Cap Equity Factor ETF Trading Down 1.8 %

The stock has a 50 day simple moving average of $68.34 and a 200 day simple moving average of $68.12. The firm has a market capitalization of $1.55 billion, a PE ratio of 16.30 and a beta of 1.13.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,625,453 shares of the company’s stock worth $109,718,000 after buying an additional 141,387 shares during the period. Acropolis Investment Management LLC lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 1.7% in the fourth quarter. Acropolis Investment Management LLC now owns 800,756 shares of the company’s stock worth $54,051,000 after acquiring an additional 13,614 shares during the period. Ameriprise Financial Inc. lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 21.4% in the fourth quarter. Ameriprise Financial Inc. now owns 752,945 shares of the company’s stock worth $50,846,000 after acquiring an additional 132,977 shares during the period. Ullmann Wealth Partners Group LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 1.5% in the fourth quarter. Ullmann Wealth Partners Group LLC now owns 568,074 shares of the company’s stock valued at $38,345,000 after acquiring an additional 8,479 shares in the last quarter. Finally, LPL Financial LLC increased its position in iShares U.S. Small Cap Equity Factor ETF by 14.7% during the 4th quarter. LPL Financial LLC now owns 481,412 shares of the company’s stock valued at $32,495,000 after purchasing an additional 61,597 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).