Charles Schwab Investment Management Inc. Sells 28,419 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

Charles Schwab Investment Management Inc. reduced its position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 6.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 441,076 shares of the company’s stock after selling 28,419 shares during the period. Charles Schwab Investment Management Inc. owned about 1.72% of iShares U.S. Small Cap Equity Factor ETF worth $27,417,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 15.8% in the first quarter. Atria Wealth Solutions Inc. now owns 6,203 shares of the company’s stock valued at $386,000 after acquiring an additional 846 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 939.1% in the first quarter. Thoroughbred Financial Services LLC now owns 33,937 shares of the company’s stock valued at $2,109,000 after acquiring an additional 30,671 shares during the last quarter. Clearwater Capital Advisors LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.4% in the first quarter. Clearwater Capital Advisors LLC now owns 458,173 shares of the company’s stock valued at $28,480,000 after acquiring an additional 10,739 shares during the last quarter. Cozad Asset Management Inc. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 5.1% in the first quarter. Cozad Asset Management Inc. now owns 61,459 shares of the company’s stock valued at $3,820,000 after acquiring an additional 2,979 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at approximately $15,933,000.

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

Shares of SMLF stock opened at $70.78 on Wednesday. The business’s 50 day simple moving average is $68.84 and its 200 day simple moving average is $65.64. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $74.69. The stock has a market capitalization of $1.97 billion, a PE ratio of 17.17 and a beta of 1.10.

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

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).