Sound Income Strategies LLC Makes New Investment in iShares U.S. Small Cap Equity Factor ETF $SMLF

Sound Income Strategies LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 183,849 shares of the company’s stock, valued at approximately $15,590,000. Sound Income Strategies LLC owned about 0.38% of iShares U.S. Small Cap Equity Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Acropolis Investment Management LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $81,949,000. YHB Investment Advisors Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $19,212,000. Cassilly Financial Group LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3.2% in the third quarter. Cassilly Financial Group LLC now owns 12,275 shares of the company’s stock valued at $1,026,000 after purchasing an additional 382 shares during the period. Weaver Consulting Group boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 53.9% during the third quarter. Weaver Consulting Group now owns 5,160 shares of the company’s stock worth $431,000 after buying an additional 1,808 shares during the period. Finally, Polaris Financial Partners bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth approximately $51,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.6%

SMLF stock traded up $0.53 during trading on Friday, hitting $85.33. The company had a trading volume of 216,187 shares, compared to its average volume of 215,346. The business has a 50 day moving average of $87.11 and a 200 day moving average of $84.85. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 17.17 and a beta of 1.09. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $70.00 and a fifty-two week 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.