iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Volume Increase – Should You Buy?

Posted by ABMN Staff on Oct 3rd, 2024

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Get Free Report) shares saw an uptick in trading volume on Tuesday . 523,228 shares traded hands during mid-day trading, an increase of 589% from the previous session’s volume of 75,952 shares.The stock last traded at $65.57 and had previously closed at $66.35.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.7 %

The company has a market cap of $1.10 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. The firm has a 50-day moving average price of $64.03 and a 200 day moving average price of $62.52.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ullmann Wealth Partners Group LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF by 5.1% in the second quarter. Ullmann Wealth Partners Group LLC now owns 535,895 shares of the company’s stock worth $32,802,000 after purchasing an additional 26,210 shares during the period. Financial Management Professionals Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 3.1% in the first quarter. Financial Management Professionals Inc. now owns 459,317 shares of the company’s stock valued at $29,203,000 after buying 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 during the first quarter valued at about $24,098,000. Valmark Advisers Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the second quarter worth about $22,149,000. Finally, Searcy Financial Services Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $21,283,000.

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

(Get Free Report)

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).