Frontier Asset Management LLC purchased a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 23,836 shares of the company’s stock, valued at approximately $1,799,000. Frontier Asset Management LLC owned approximately 0.05% of iShares U.S. Small Cap Equity Factor ETF as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Pittenger & Anderson Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth approximately $25,000. Abound Wealth Management acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at $27,000. IFP Advisors Inc raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after purchasing an additional 362 shares in the last quarter. International Assets Investment Management LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 212.3% in the first quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock worth $66,000 after purchasing an additional 586 shares during the period. Finally, Harbour Investments Inc. lifted its position in iShares U.S. Small Cap Equity Factor ETF by 319.9% in the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after purchasing an additional 707 shares during the period.
iShares U.S. Small Cap Equity Factor ETF Price Performance
SMLF opened at $86.48 on Friday. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $67.43 and a fifty-two week high of $89.74. The firm’s fifty day moving average price is $85.89 and its two-hundred day moving average price is $81.04. The company has a market capitalization of $4.10 billion, a P/E ratio of 17.17 and a beta of 1.07.
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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