iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV cut its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 6.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 292,377 shares of the company’s stock after selling 19,095 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 1.74% of iShares U.S. Small Cap Equity Factor ETF worth $17,896,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN increased its position in iShares U.S. Small Cap Equity Factor ETF by 3.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,123,867 shares of the company’s stock worth $66,106,000 after buying an additional 34,564 shares during the period. Ullmann Wealth Partners Group LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 5.1% in the 2nd quarter. Ullmann Wealth Partners Group LLC now owns 535,895 shares of the company’s stock valued at $32,802,000 after purchasing an additional 26,210 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 3.1% during the 1st quarter. Financial Management Professionals Inc. now owns 459,317 shares of the company’s stock valued at $29,203,000 after purchasing an additional 13,620 shares during the period. Pacific Center for Financial Services bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth about $24,098,000. Finally, Valmark Advisers Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at approximately $22,149,000.

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

Shares of SMLF stock opened at $65.42 on Thursday. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $47.77 and a 12-month high of $66.75. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. The business has a 50 day simple moving average of $63.59 and a 200 day simple moving average of $62.21.

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).