iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Newly Purchased by WASHINGTON TRUST Co

WASHINGTON TRUST Co acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 9,642 shares of the company’s stock, valued at approximately $806,000.

Several other institutional investors have also recently modified their holdings of SMLF. Pittenger & Anderson Inc. purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at about $25,000. IFP Advisors Inc boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 525.0% in the third quarter. IFP Advisors Inc now owns 450 shares of the company’s stock worth $38,000 after buying an additional 378 shares in the last quarter. Western Wealth Management LLC purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the first quarter worth approximately $47,000. Triumph Capital Management boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 138.8% in the second quarter. Triumph Capital Management now owns 578 shares of the company’s stock worth $47,000 after buying an additional 336 shares in the last quarter. Finally, Polaris Financial Partners bought a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at approximately $51,000.

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

Shares of NYSEARCA SMLF opened at $84.46 on Friday. The stock has a market capitalization of $4.14 billion, a P/E ratio of 17.17 and a beta of 1.09. iShares U.S. Small Cap Equity Factor ETF has a one year low of $70.00 and a one year high of $90.74. The firm’s 50 day simple moving average is $86.07 and its two-hundred day simple moving average is $85.49.

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