Exchange Traded Concepts LLC Takes Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Exchange Traded Concepts LLC bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 139,819 shares of the company’s stock, valued at approximately $9,438,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $24,193,000. Sanctuary Advisors LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the second quarter worth about $8,489,000. Denver PWM LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter worth about $8,067,000. Private Advisor Group LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 108.5% in the 3rd quarter. Private Advisor Group LLC now owns 190,278 shares of the company’s stock worth $12,625,000 after acquiring an additional 99,019 shares during the last quarter. Finally, Fox Financial Inc raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 27.7% in the 3rd quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock valued at $13,981,000 after acquiring an additional 45,707 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.3 %

Shares of NYSEARCA SMLF opened at $71.18 on Friday. The business has a 50-day moving average of $70.39 and a 200-day moving average of $66.95. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $57.14 and a 12 month high of $74.69.

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).