GeoWealth Management LLC Boosts Holdings in iShares U.S. Small Cap Equity Factor ETF $SMLF

GeoWealth Management LLC boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 10.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 83,594 shares of the company’s stock after acquiring an additional 7,892 shares during the period. GeoWealth Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $5,680,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the second quarter worth approximately $31,000. GPS Wealth Strategies Group LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 1,120.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock valued at $48,000 after purchasing an additional 650 shares during the period. CENTRAL TRUST Co raised its stake in iShares U.S. Small Cap Equity Factor ETF by 100.3% during the 2nd quarter. CENTRAL TRUST Co now owns 1,508 shares of the company’s stock valued at $102,000 after acquiring an additional 755 shares during the last quarter. Comerica Bank raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 98.2% during the first quarter. Comerica Bank now owns 2,349 shares of the company’s stock worth $146,000 after purchasing an additional 1,164 shares during the last quarter. Finally, Bell Investment Advisors Inc acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth $160,000.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $75.77 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $53.39 and a 1-year high of $76.33. The company has a market cap of $2.63 billion, a PE ratio of 17.17 and a beta of 1.10. The stock’s 50 day moving average price is $74.01 and its 200 day moving average price is $71.16.

iShares U.S. Small Cap Equity Factor ETF Company 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).