iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Sold by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. lessened its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 17.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,299 shares of the company’s stock after selling 20,224 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF comprises 0.8% of Wealth Enhancement Trust Services Inc.’s holdings, making the stock its 25th largest position. Wealth Enhancement Trust Services Inc. owned 0.19% of iShares U.S. Small Cap Equity Factor ETF worth $7,880,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SMLF. Weaver Consulting Group raised its stake in iShares U.S. Small Cap Equity Factor ETF by 53.9% in the 3rd quarter. Weaver Consulting Group now owns 5,160 shares of the company’s stock valued at $431,000 after purchasing an additional 1,808 shares during the last quarter. Polaris Financial Partners purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at $51,000. Stonebridge Financial Group LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 1,106.2% during the 3rd quarter. Stonebridge Financial Group LLC now owns 65,813 shares of the company’s stock worth $5,499,000 after purchasing an additional 60,357 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth $202,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 24.1% during the second quarter. Envestnet Asset Management Inc. now owns 89,234 shares of the company’s stock worth $7,954,000 after buying an additional 17,352 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Down 1.2%

Shares of iShares U.S. Small Cap Equity Factor ETF stock traded down $1.07 during trading hours on Wednesday, reaching $84.63. 291,173 shares of the company’s stock were exchanged, compared to its average volume of 214,363. The business has a fifty day moving average of $87.16 and a two-hundred day moving average of $84.77. The company has a market capitalization of $4.10 billion, a P/E ratio of 17.17 and a beta of 1.09. 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.