World Investment Advisors Makes New Investment in iShares U.S. Small Cap Equity Factor ETF $SMLF

World Investment Advisors acquired a new position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,337 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds have also added to or reduced their stakes in the company. Comerica Bank raised its position in iShares U.S. Small Cap Equity Factor ETF by 98.2% in the first quarter. Comerica Bank now owns 2,349 shares of the company’s stock worth $146,000 after acquiring an additional 1,164 shares during the period. Traction Financial Partners LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth about $233,000. Synergy Asset Management LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth about $235,000. Maia Wealth LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the first quarter worth about $207,000. Finally, HighTower Advisors LLC raised its position in iShares U.S. Small Cap Equity Factor ETF by 14.7% in the first quarter. HighTower Advisors LLC now owns 3,579 shares of the company’s stock worth $222,000 after acquiring an additional 459 shares during the period.

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

Shares of SMLF stock opened at $73.21 on Wednesday. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. The firm’s 50-day simple moving average is $74.22 and its two-hundred day simple moving average is $69.56. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $76.33.

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).