Parallel Advisors LLC Has $1.05 Million Position in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE)

Parallel Advisors LLC lessened its holdings in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 8.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 7,241 shares of the company’s stock after selling 692 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI USA Size Factor ETF were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. James Reed Financial Services Inc. bought a new position in iShares MSCI USA Size Factor ETF during the fourth quarter worth about $24,261,000. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Size Factor ETF by 24.1% in the 4th quarter. Bank of America Corp DE now owns 423,759 shares of the company’s stock worth $62,928,000 after purchasing an additional 82,246 shares during the last quarter. Susquehanna International Group LLP increased its position in shares of iShares MSCI USA Size Factor ETF by 54.4% during the 4th quarter. Susquehanna International Group LLP now owns 35,735 shares of the company’s stock worth $5,307,000 after purchasing an additional 12,591 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI USA Size Factor ETF by 191.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,136 shares of the company’s stock valued at $1,357,000 after purchasing an additional 6,005 shares during the last quarter. Finally, Sagespring Wealth Partners LLC bought a new position in iShares MSCI USA Size Factor ETF during the 4th quarter valued at about $866,000.

iShares MSCI USA Size Factor ETF Trading Down 0.3%

NYSEARCA:SIZE opened at $149.15 on Monday. The stock has a market capitalization of $328.13 million, a P/E ratio of 20.91 and a beta of 1.03. iShares MSCI USA Size Factor ETF has a 1 year low of $126.83 and a 1 year high of $159.48. The firm has a 50 day moving average of $142.98 and a 200-day moving average of $148.83.

iShares MSCI USA Size Factor ETF Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.