iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 381,633 shares, an increase of 111.8% from the September 30th total of 180,225 shares. Based on an average trading volume of 243,689 shares, the short-interest ratio is presently 1.6 days. Currently, 0.8% of the shares of the company are sold short.
iShares U.S. Small Cap Equity Factor ETF Stock Performance
Shares of NYSEARCA:SMLF traded down $1.44 during trading on Friday, reaching $85.29. The stock had a trading volume of 240,056 shares, compared to its average volume of 214,565. The business has a fifty day moving average price of $85.71 and a 200-day moving average price of $83.26. The stock has a market cap of $4.20 billion, a PE 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.
Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF
Several hedge funds and other institutional investors have recently made changes to their positions in SMLF. Integrity Alliance LLC. purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter worth approximately $21,556,000. Integrity Advisory Solutions LLC grew its position in iShares U.S. Small Cap Equity Factor ETF by 13.0% during the third quarter. Integrity Advisory Solutions LLC now owns 15,490 shares of the company’s stock worth $1,294,000 after buying an additional 1,782 shares during the period. D.A. Davidson & CO. purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $4,554,000. SYM FINANCIAL Corp acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $68,000. Finally, Park Avenue Securities LLC purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth about $10,924,000.
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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