Cornerstone Planning Group LLC Sells 9,589 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

Cornerstone Planning Group LLC trimmed its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 433,586 shares of the company’s stock after selling 9,589 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF makes up 5.4% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 5th largest position. Cornerstone Planning Group LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $34,193,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Sigma Planning Corp raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 18.3% in the 4th quarter. Sigma Planning Corp now owns 9,033 shares of the company’s stock valued at $676,000 after purchasing an additional 1,400 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 2.4% in the 4th quarter. D.A. Davidson & CO. now owns 82,919 shares of the company’s stock valued at $6,209,000 after purchasing an additional 1,905 shares in the last quarter. Atlas Legacy Advisors LLC raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 5.4% in the 4th quarter. Atlas Legacy Advisors LLC now owns 12,534 shares of the company’s stock valued at $939,000 after purchasing an additional 641 shares in the last quarter. Facet Wealth Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at $211,000. Finally, Live Oak Investment Partners acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at $4,054,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.4%

Shares of SMLF opened at $82.53 on Friday. iShares U.S. Small Cap Equity Factor ETF has a twelve month low of $61.82 and a twelve month high of $83.97. The firm’s fifty day simple moving average is $78.05 and its 200-day simple moving average is $76.79. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 17.17 and a beta of 1.08.

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.