Phillips Financial Management LLC Sells 7,538 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Phillips Financial Management LLC lowered its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 10.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 65,001 shares of the company’s stock after selling 7,538 shares during the period. Phillips Financial Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $4,388,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SMLF. Sigma Planning Corp raised its position in iShares U.S. Small Cap Equity Factor ETF by 13.4% during the 3rd quarter. Sigma Planning Corp now owns 6,200 shares of the company’s stock valued at $411,000 after purchasing an additional 735 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 15.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 5,007 shares of the company’s stock worth $332,000 after acquiring an additional 675 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 225.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 12,774 shares of the company’s stock valued at $848,000 after buying an additional 8,854 shares in the last quarter. Cornerstone Planning Group LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $24,193,000. Finally, D.A. Davidson & CO. increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 5.7% in the 3rd quarter. D.A. Davidson & CO. now owns 47,903 shares of the company’s stock worth $3,178,000 after acquiring an additional 2,595 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Price Performance

NYSEARCA:SMLF opened at $62.03 on Thursday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $58.48 and a one year high of $74.69. The company’s 50-day simple moving average is $68.48 and its 200 day simple moving average is $68.17. The firm has a market capitalization of $1.58 billion, a P/E ratio of 16.30 and a beta of 1.13.

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).