Raymond James Financial Inc. Makes New $3.71 Million Investment in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Raymond James Financial Inc. bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 54,974 shares of the company’s stock, valued at approximately $3,711,000. Raymond James Financial Inc. owned 0.33% of iShares U.S. Small Cap Equity Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Acropolis Investment Management LLC grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.7% during the fourth quarter. Acropolis Investment Management LLC now owns 800,756 shares of the company’s stock worth $54,051,000 after acquiring an additional 13,614 shares during the last quarter. Ullmann Wealth Partners Group LLC grew its position in iShares U.S. Small Cap Equity Factor ETF by 1.5% in the 4th quarter. Ullmann Wealth Partners Group LLC now owns 568,074 shares of the company’s stock valued at $38,345,000 after buying an additional 8,479 shares in the last quarter. Financial Management Professionals Inc. increased its stake in iShares U.S. Small Cap Equity Factor ETF by 1.6% during the 4th quarter. Financial Management Professionals Inc. now owns 480,917 shares of the company’s stock valued at $32,462,000 after buying an additional 7,678 shares during the period. Charles Schwab Investment Management Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter valued at approximately $31,691,000. Finally, Pacific Center for Financial Services increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 2.3% during the 3rd quarter. Pacific Center for Financial Services now owns 394,724 shares of the company’s stock valued at $26,190,000 after purchasing an additional 9,008 shares during the period.

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

Shares of SMLF opened at $63.41 on Friday. The firm’s 50 day moving average is $67.38 and its 200-day moving average is $68.08. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $58.48 and a 12-month high of $74.69. The stock has a market capitalization of $1.61 billion, a P/E ratio of 16.30 and a beta of 1.13.

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).