Foster & Motley Inc. Has $946,000 Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Foster & Motley Inc. reduced its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,010 shares of the company’s stock after selling 3,374 shares during the quarter. Foster & Motley Inc. owned about 0.08% of iShares U.S. Small Cap Equity Factor ETF worth $946,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMLF. Acropolis Investment Management LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.7% in the fourth quarter. Acropolis Investment Management LLC now owns 800,756 shares of the company’s stock valued at $54,051,000 after buying an additional 13,614 shares during the period. Ullmann Wealth Partners Group LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.5% in the fourth quarter. Ullmann Wealth Partners Group LLC now owns 568,074 shares of the company’s stock valued at $38,345,000 after buying an additional 8,479 shares during the period. Financial Management Professionals Inc. lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.6% in the fourth quarter. Financial Management Professionals Inc. now owns 480,917 shares of the company’s stock valued at $32,462,000 after buying an additional 7,678 shares during the period. Pacific Center for Financial Services lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 2.3% in the third quarter. Pacific Center for Financial Services now owns 394,724 shares of the company’s stock valued at $26,190,000 after buying an additional 9,008 shares during the period. Finally, Cornerstone Planning Group LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at about $24,193,000.

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

NYSEARCA SMLF opened at $71.22 on Friday. The firm has a 50-day simple moving average of $70.44 and a 200 day simple moving average of $67.25. iShares U.S. Small Cap Equity Factor ETF has a twelve month low of $57.14 and a twelve month high of $74.69. The stock has a market cap of $1.20 billion, a PE ratio of 13.60 and a beta of 1.19.

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).