iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $80.77 and last traded at $80.43, with a volume of 3648 shares changing hands. The stock had previously closed at $80.49.
iShares U.S. Small Cap Equity Factor ETF Price Performance
The firm has a market capitalization of $3.55 billion, a PE ratio of 17.17 and a beta of 1.09. The company’s fifty day simple moving average is $77.46 and its 200-day simple moving average is $76.25.
Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF
A number of hedge funds have recently modified their holdings of SMLF. Royal Bank of Canada raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 150.9% in the first quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock valued at $4,254,000 after buying an additional 41,163 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 20.4% in the first quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock valued at $1,039,000 after buying an additional 2,832 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 769.0% in the first quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock valued at $8,357,000 after buying an additional 118,972 shares during the last quarter. Peapack Gladstone Financial Corp raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 506.4% in the second quarter. Peapack Gladstone Financial Corp now owns 66,351 shares of the company’s stock valued at $4,508,000 after buying an additional 55,409 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $596,000.
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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.
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