Raymond James Financial Services Advisors Inc. Raises Holdings in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE)

Raymond James Financial Services Advisors Inc. boosted its stake in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 7.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,907 shares of the company’s stock after buying an additional 133 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares MSCI USA Size Factor ETF were worth $252,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SIZE. Choreo LLC grew its holdings in shares of iShares MSCI USA Size Factor ETF by 9.2% in the third quarter. Choreo LLC now owns 2,018 shares of the company’s stock worth $238,000 after purchasing an additional 170 shares during the last quarter. CWM LLC boosted its position in iShares MSCI USA Size Factor ETF by 452.3% during the 3rd quarter. CWM LLC now owns 961 shares of the company’s stock valued at $113,000 after buying an additional 787 shares during the period. Spire Wealth Management bought a new stake in iShares MSCI USA Size Factor ETF in the 3rd quarter worth $94,000. Finally, Commonwealth Equity Services LLC purchased a new position in shares of iShares MSCI USA Size Factor ETF in the third quarter valued at about $213,000.

iShares MSCI USA Size Factor ETF Trading Up 1.1 %

Shares of NYSEARCA:SIZE opened at $135.78 on Wednesday. The company has a 50-day moving average price of $137.58 and a 200-day moving average price of $129.25. The company has a market cap of $339.45 million, a price-to-earnings ratio of 20.49 and a beta of 1.01. iShares MSCI USA Size Factor ETF has a 12 month low of $110.07 and a 12 month high of $142.30.

About iShares MSCI USA Size Factor ETF

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.