iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Shares Sold by Fmr LLC

Fmr LLC lowered its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 17.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,551 shares of the company’s stock after selling 1,163 shares during the quarter. Fmr LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Flagship Private Wealth LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth about $277,000. Marks Group Wealth Management Inc purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the third quarter worth approximately $580,000. Fox Financial Inc increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 27.7% in the third quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock worth $13,981,000 after acquiring an additional 45,707 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at $1,251,000. Finally, FMA Wealth Management LLC lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 124.2% during 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 in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.6 %

Shares of NYSEARCA SMLF opened at $67.36 on Friday. The stock has a fifty day moving average price of $70.08 and a 200 day moving average price of $65.60. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $55.96 and a 12-month high of $74.69. The company has a market cap of $1.14 billion, a P/E ratio of 13.60 and a beta of 1.19.

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).