Peapack Gladstone Financial Corp Increases Stock Holdings in iShares U.S. Small Cap Equity Factor ETF $SMLF

Peapack Gladstone Financial Corp lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 58.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 142,175 shares of the company’s stock after buying an additional 52,567 shares during the quarter. Peapack Gladstone Financial Corp owned 0.34% of iShares U.S. Small Cap Equity Factor ETF worth $10,646,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Abound Wealth Management purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at about $27,000. IFP Advisors Inc increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 509.9% during the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock worth $32,000 after purchasing an additional 362 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth approximately $33,000. Harbour Investments Inc. increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 319.9% during the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after purchasing an additional 707 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 1,946.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock worth $85,000 after purchasing an additional 1,090 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Down 0.1%

SMLF stock opened at $85.70 on Tuesday. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $64.15 and a 52-week high of $85.98. The stock’s 50 day moving average is $80.66 and its two-hundred day moving average is $78.16. The company has a market capitalization of $3.78 billion, a PE ratio of 17.17 and a beta of 1.08.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.