Stonebridge Financial Group LLC Raises Stake in iShares U.S. Small Cap Equity Factor ETF $SMLF

Stonebridge Financial Group LLC raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1,106.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 65,813 shares of the company’s stock after purchasing an additional 60,357 shares during the period. Stonebridge Financial Group LLC owned 0.14% of iShares U.S. Small Cap Equity Factor ETF worth $5,499,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Citizens Financial Group Inc. RI increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 1.7% during the first quarter. Citizens Financial Group Inc. RI now owns 10,359 shares of the company’s stock valued at $782,000 after buying an additional 175 shares during the period. Arkadios Wealth Advisors lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 4.9% during the first quarter. Arkadios Wealth Advisors now owns 3,749 shares of the company’s stock worth $283,000 after buying an additional 176 shares during the period. Pittenger & Anderson Inc. bought a new stake in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at $25,000. Triumph Capital Management boosted its position in iShares U.S. Small Cap Equity Factor ETF by 138.8% during the 2nd quarter. Triumph Capital Management now owns 578 shares of the company’s stock valued at $47,000 after acquiring an additional 336 shares in the last quarter. Finally, Cora Capital Advisors LLC increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 0.4% in the 1st quarter. Cora Capital Advisors LLC now owns 89,134 shares of the company’s stock valued at $6,729,000 after acquiring an additional 352 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Stock Performance

SMLF traded up $0.65 on Thursday, hitting $84.21. The company had a trading volume of 270,480 shares, compared to its average volume of 214,162. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 17.17 and a beta of 1.08. The stock has a fifty day moving average price of $87.27 and a 200-day moving average price of $84.42. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $70.00 and a 12-month 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.