Cornerstone Planning Group LLC Boosts Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Cornerstone Planning Group LLC grew its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 8.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 471,147 shares of the company’s stock after acquiring an additional 37,561 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF comprises about 5.4% of Cornerstone Planning Group LLC’s portfolio, making the stock its 5th largest position. Cornerstone Planning Group LLC owned 1.07% of iShares U.S. Small Cap Equity Factor ETF worth $39,251,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SMLF. Arkadios Wealth Advisors boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 4.0% during the 4th quarter. Arkadios Wealth Advisors now owns 3,573 shares of the company’s stock worth $268,000 after purchasing an additional 138 shares during the period. Citizens Financial Group Inc. RI raised its position in iShares U.S. Small Cap Equity Factor ETF by 1.7% in the 1st quarter. Citizens Financial Group Inc. RI now owns 10,359 shares of the company’s stock worth $782,000 after purchasing an additional 175 shares during the period. Independent Advisor Alliance raised its position in iShares U.S. Small Cap Equity Factor ETF by 4.0% in the 4th quarter. Independent Advisor Alliance now owns 5,438 shares of the company’s stock worth $407,000 after purchasing an additional 210 shares during the period. Ascent Wealth Partners LLC lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 2.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 10,871 shares of the company’s stock worth $814,000 after purchasing an additional 216 shares during the last quarter. Finally, Golden State Equity Partners lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 3.7% in the fourth quarter. Golden State Equity Partners now owns 6,590 shares of the company’s stock worth $492,000 after purchasing an additional 236 shares during the last quarter.

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

Shares of NYSEARCA:SMLF opened at $86.48 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $67.43 and a 1 year high of $89.74. The business has a 50 day simple moving average of $85.89 and a two-hundred day simple moving average of $81.04. The firm has a market capitalization of $4.10 billion, a PE 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.