iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Stake Lifted by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 71.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,149 shares of the company’s stock after acquiring an additional 3,799 shares during the quarter. Farther Finance Advisors LLC owned about 0.05% of iShares U.S. Small Cap Equity Factor ETF worth $554,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clearwater Capital Advisors LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 0.9% in the 4th quarter. Clearwater Capital Advisors LLC now owns 460,400 shares of the company’s stock worth $27,081,000 after purchasing an additional 3,896 shares in the last quarter. FMA Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the fourth quarter valued at $1,599,000. Atria Wealth Solutions Inc. purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at about $218,000. UBS Group AG raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.3% during the 4th quarter. UBS Group AG now owns 169,056 shares of the company’s stock worth $9,944,000 after purchasing an additional 2,243 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 5.9% during the 4th quarter. D.A. Davidson & CO. now owns 43,229 shares of the company’s stock valued at $2,543,000 after buying an additional 2,426 shares during the last quarter.

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

Shares of SMLF opened at $63.49 on Wednesday. The firm has a market cap of $1.07 billion, a PE ratio of 13.60 and a beta of 1.19. The firm’s 50 day moving average price is $63.00 and its 200 day moving average price is $61.98. iShares U.S. Small Cap Equity Factor ETF has a twelve month low of $47.77 and a twelve month high of $66.75.

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).