iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Stake Boosted by Financial Management Professionals Inc.

Financial Management Professionals Inc. raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 473,239 shares of the company’s stock after purchasing an additional 4,021 shares during the period. iShares U.S. Small Cap Equity Factor ETF accounts for approximately 3.9% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 7th biggest holding. Financial Management Professionals Inc. owned about 2.81% of iShares U.S. Small Cap Equity Factor ETF worth $31,399,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Diversified Trust Co acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth approximately $457,000. Private Advisor Group LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 11.3% during the first quarter. Private Advisor Group LLC now owns 12,930 shares of the company’s stock worth $822,000 after buying an additional 1,308 shares during the period. ORG Partners LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter worth $91,000. Brookstone Capital Management purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at $1,251,000. Finally, FMA Wealth Management LLC increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 124.2% in the 3rd quarter. FMA Wealth Management LLC now owns 75,428 shares of the company’s stock valued at $5,005,000 after acquiring an additional 41,781 shares during the period.

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

Shares of SMLF opened at $65.98 on Friday. The stock has a 50-day moving average of $65.32 and a two-hundred day moving average of $63.00. The stock has a market cap of $1.11 billion, a P/E ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a one year low of $47.77 and a one year high of $68.23.

iShares U.S. Small Cap Equity Factor ETF Company 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).