Leavell Investment Management Inc. Makes New Investment in iShares U.S. Small Cap Equity Factor ETF $SMLF

Leavell Investment Management Inc. bought a new position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,080 shares of the company’s stock, valued at approximately $277,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Empirical Asset Management LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.1% in the second quarter. Empirical Asset Management LLC now owns 18,885 shares of the company’s stock valued at $1,283,000 after purchasing an additional 198 shares during the period. Spire Wealth Management purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at approximately $28,000. HighTower Advisors LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 14.7% during the first quarter. HighTower Advisors LLC now owns 3,579 shares of the company’s stock valued at $222,000 after buying an additional 459 shares in the last quarter. LifeGoal Wealth Advisors lifted its position in iShares U.S. Small Cap Equity Factor ETF by 1.5% during the second quarter. LifeGoal Wealth Advisors now owns 31,930 shares of the company’s stock valued at $2,170,000 after buying an additional 482 shares in the last quarter. Finally, Olde Wealth Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter worth $35,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.5%

NYSEARCA SMLF opened at $75.90 on Tuesday. The company’s fifty day simple moving average is $73.89 and its 200-day simple moving average is $68.79. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $76.33. The stock has a market cap of $2.60 billion, a P/E ratio of 17.17 and a beta of 1.10.

iShares U.S. Small Cap Equity Factor ETF 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).