Redhawk Wealth Advisors Inc. Raises Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Redhawk Wealth Advisors Inc. raised its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 227.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 93,331 shares of the company’s stock after buying an additional 64,821 shares during the period. Redhawk Wealth Advisors Inc. owned about 0.20% of iShares U.S. Small Cap Equity Factor ETF worth $8,320,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Strategic Financial Services Inc. lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.8% in the fourth quarter. Strategic Financial Services Inc. now owns 3,810,840 shares of the company’s stock valued at $302,962,000 after acquiring an additional 65,743 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,328,943 shares of the company’s stock worth $174,391,000 after acquiring an additional 135,653 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 16.4% during the third quarter. Ameriprise Financial Inc. now owns 1,826,109 shares of the company’s stock worth $135,774,000 after purchasing an additional 257,905 shares in the last quarter. Advance Capital Management Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter worth approximately $116,691,000. Finally, LPL Financial LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 17.6% in the 4th quarter. LPL Financial LLC now owns 1,388,541 shares of the company’s stock valued at $103,974,000 after purchasing an additional 207,319 shares during the last quarter.

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

NYSEARCA SMLF opened at $89.60 on Tuesday. The business has a fifty day moving average price of $87.05 and a 200 day moving average price of $82.16. The company has a market cap of $4.26 billion, a P/E ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a one year low of $68.77 and a one year high of $90.15.

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