Envestnet Asset Management Inc. cut its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 236,037 shares of the company’s stock after selling 9,000 shares during the quarter. Envestnet Asset Management Inc. owned about 1.40% of iShares U.S. Small Cap Equity Factor ETF worth $14,448,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in SMLF. Pacific Center for Financial Services acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth approximately $24,098,000. Valmark Advisers Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth approximately $22,149,000. Searcy Financial Services Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth approximately $21,283,000. Reston Wealth Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth approximately $14,541,000. Finally, Fox Financial Inc bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at $10,100,000.
iShares U.S. Small Cap Equity Factor ETF Price Performance
SMLF opened at $66.48 on Wednesday. The business has a fifty day simple moving average of $63.81 and a 200 day simple moving average of $62.34. The company has a market capitalization of $1.12 billion, a PE ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $47.77 and a 1 year high of $66.89.
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).
Featured Articles
- Five stocks we like better than iShares U.S. Small Cap Equity Factor ETF
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Biohaven Stock Soars on Drug Trial Results: Time to Jump In?
- 3 Small Caps With Big Return Potential
- Is AMD a Legitimate Threat to NVIDIA? What Investors Should Watch
- Using the MarketBeat Dividend Yield Calculator
- Novo Nordisk’s Setback Won’t Last: A Game-Changing Drug Emerges
Receive News & Ratings for iShares U.S. Small Cap Equity Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Small Cap Equity Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
