iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sets New 52-Week Low – Here’s Why

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLFGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $56.00 and last traded at $56.35, with a volume of 34467 shares changing hands. The stock had previously closed at $59.07.

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

The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 16.34 and a beta of 1.13. The firm has a 50-day simple moving average of $66.18 and a two-hundred day simple moving average of $68.01.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SMLF. Concord Wealth Partners grew its stake in iShares U.S. Small Cap Equity Factor ETF by 126.2% during the 4th quarter. Concord Wealth Partners now owns 441 shares of the company’s stock worth $30,000 after purchasing an additional 246 shares in the last quarter. Morse Asset Management Inc purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at about $38,000. Blue Trust Inc. grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 7,494.4% during the fourth quarter. Blue Trust Inc. now owns 1,367 shares of the company’s stock worth $92,000 after buying an additional 1,349 shares in the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth approximately $125,000. Finally, Capital Analysts LLC raised its holdings in iShares U.S. Small Cap Equity Factor ETF by 3,808.0% in the fourth quarter. Capital Analysts LLC now owns 1,954 shares of the company’s stock valued at $132,000 after acquiring an additional 1,904 shares in the last quarter.

About iShares U.S. Small Cap Equity Factor ETF

(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).

Further Reading

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