NewEdge Advisors LLC Buys 19,109 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

NewEdge Advisors LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 73.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,069 shares of the company’s stock after buying an additional 19,109 shares during the period. NewEdge Advisors LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $3,402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMLF. Pittenger & Anderson Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth about $25,000. IFP Advisors Inc raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after acquiring an additional 362 shares in the last quarter. Western Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth approximately $47,000. International Assets Investment Management LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 212.3% in the 1st quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock worth $66,000 after purchasing an additional 586 shares during the last quarter. Finally, Harbour Investments Inc. lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 319.9% in the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after purchasing an additional 707 shares during the last quarter.

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

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $90.17 on Thursday. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $69.99 and a 12-month high of $90.50. The stock has a 50 day moving average price of $87.22 and a two-hundred day moving average price of $82.30. The stock has a market capitalization of $4.28 billion, a P/E ratio of 17.17 and a beta of 1.08.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.