Park Avenue Securities LLC Buys 669 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

Park Avenue Securities LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 12.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,958 shares of the company’s stock after acquiring an additional 669 shares during the period. Park Avenue Securities LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $405,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. grew its stake in iShares U.S. Small Cap Equity Factor ETF by 22.6% in the 1st quarter. Raymond James Financial Inc. now owns 67,380 shares of the company’s stock worth $4,188,000 after acquiring an additional 12,406 shares in the last quarter. Spire Wealth Management bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth about $28,000. Atria Wealth Solutions Inc. grew its stake in iShares U.S. Small Cap Equity Factor ETF by 15.8% in the 1st quarter. Atria Wealth Solutions Inc. now owns 6,203 shares of the company’s stock worth $386,000 after acquiring an additional 846 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF by 130.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 27,231 shares of the company’s stock worth $1,693,000 after acquiring an additional 15,393 shares in the last quarter. Finally, Clearwater Capital Advisors LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF by 2.4% in the 1st quarter. Clearwater Capital Advisors LLC now owns 458,173 shares of the company’s stock worth $28,480,000 after acquiring an additional 10,739 shares in the last quarter.

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

Shares of SMLF stock opened at $74.28 on Tuesday. The company has a market capitalization of $2.07 billion, a P/E ratio of 17.17 and a beta of 1.10. The company’s 50-day simple moving average is $72.15 and its two-hundred day simple moving average is $66.93. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $75.86.

iShares U.S. Small Cap Equity Factor ETF 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).