iShares U.S. Small Cap Equity Factor ETF $SMLF Stock Position Lessened by Strategic Financial Services Inc.

Strategic Financial Services Inc. cut its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,777,784 shares of the company’s stock after selling 58,658 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF accounts for about 14.8% of Strategic Financial Services Inc.’s investment portfolio, making the stock its 2nd largest holding. Strategic Financial Services Inc. owned 7.95% of iShares U.S. Small Cap Equity Factor ETF worth $336,752,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Pittenger & Anderson Inc. bought a new position in iShares U.S. Small Cap Equity Factor ETF during the first quarter valued at approximately $25,000. IFP Advisors Inc grew its position in iShares U.S. Small Cap Equity Factor ETF by 509.9% in 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 period. Western Wealth Management LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth approximately $47,000. Triumph Capital Management grew its position in iShares U.S. Small Cap Equity Factor ETF by 138.8% in the 2nd quarter. Triumph Capital Management now owns 578 shares of the company’s stock worth $47,000 after purchasing an additional 336 shares during the period. Finally, Integrity Financial Corp WA purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter valued at $53,000.

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

NYSEARCA SMLF opened at $88.15 on Monday. The business’s fifty day moving average price is $88.06 and its 200-day moving average price is $83.51. The stock has a market capitalization of $4.19 billion, a price-to-earnings ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $70.00 and a 1-year high of $90.74.

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