Synergy Asset Management LLC Acquires New Shares in iShares U.S. Small Cap Equity Factor ETF $SMLF

Synergy Asset Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,456 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors also recently bought and sold shares of SMLF. Spire Wealth Management bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth $28,000. Olde Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the first quarter worth $35,000. Bartlett & CO. Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the first quarter worth $88,000. Comerica Bank boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 98.2% during the first quarter. Comerica Bank now owns 2,349 shares of the company’s stock worth $146,000 after buying an additional 1,164 shares in the last quarter. Finally, Maia Wealth LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the first quarter worth $207,000.

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

NYSEARCA:SMLF opened at $75.03 on Friday. The company has a 50-day moving average of $72.49 and a 200-day moving average of $67.20. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $75.86.

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).