Clearwater Capital Advisors LLC Has $36.17 Million Stake in iShares U.S. Small Cap Equity Factor ETF $SMLF

Clearwater Capital Advisors LLC raised its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 2.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 479,209 shares of the company’s stock after purchasing an additional 11,204 shares during the period. iShares U.S. Small Cap Equity Factor ETF makes up about 2.9% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 12th largest holding. Clearwater Capital Advisors LLC owned approximately 1.09% of iShares U.S. Small Cap Equity Factor ETF worth $36,175,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Pittenger & Anderson Inc. bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter worth approximately $25,000. Abound Wealth Management bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at approximately $27,000. IFP Advisors Inc boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after buying an additional 362 shares during the period. International Assets Investment Management LLC grew its position in iShares U.S. Small Cap Equity Factor ETF by 212.3% during the first quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock worth $66,000 after buying an additional 586 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in iShares U.S. Small Cap Equity Factor ETF by 319.9% during the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after buying an additional 707 shares in the last quarter.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $86.52 on Thursday. The firm has a market cap of $4.10 billion, a PE ratio of 17.17 and a beta of 1.07. The stock’s fifty day moving average price is $86.09 and its two-hundred day moving average price is $81.31. iShares U.S. Small Cap Equity Factor ETF has a one year low of $67.43 and a one year high of $89.74.

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.