iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Stake Trimmed by Valmark Advisers Inc.

Valmark Advisers Inc. lowered its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 6.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 334,293 shares of the company’s stock after selling 22,913 shares during the quarter. Valmark Advisers Inc. owned approximately 1.98% of iShares U.S. Small Cap Equity Factor ETF worth $22,565,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of SMLF. Cornerstone Planning Group LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $24,193,000. Exchange Traded Concepts LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 4th quarter worth about $9,438,000. Denver PWM LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth about $8,067,000. Private Advisor Group LLC boosted its position in iShares U.S. Small Cap Equity Factor ETF by 108.5% during the 3rd quarter. Private Advisor Group LLC now owns 190,278 shares of the company’s stock worth $12,625,000 after acquiring an additional 99,019 shares during the period. Finally, Fox Financial Inc boosted its position in iShares U.S. Small Cap Equity Factor ETF by 32.4% during the 4th quarter. Fox Financial Inc now owns 278,959 shares of the company’s stock worth $18,830,000 after acquiring an additional 68,239 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.2 %

Shares of NYSEARCA SMLF opened at $70.76 on Friday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $58.48 and a one year high of $74.69. The firm has a market capitalization of $1.19 billion, a PE ratio of 13.60 and a beta of 1.19. The business has a 50-day moving average price of $69.70 and a two-hundred day moving average price of $67.74.

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).