BKM Wealth Management LLC Decreases Stock Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

BKM Wealth Management LLC cut its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 58.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,670 shares of the company’s stock after selling 13,836 shares during the period. BKM Wealth Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $724,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ProVise Management Group LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at $225,000. Cora Capital Advisors LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.8% in the fourth quarter. Cora Capital Advisors LLC now owns 88,782 shares of the company’s stock valued at $6,648,000 after purchasing an additional 2,449 shares during the period. Geneos Wealth Management Inc. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 158,824 shares of the company’s stock valued at $11,893,000 after purchasing an additional 4,361 shares during the period. Aspen Wealth Strategies LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 8.0% in the fourth quarter. Aspen Wealth Strategies LLC now owns 74,383 shares of the company’s stock valued at $5,570,000 after purchasing an additional 5,502 shares during the period. Finally, Schmidt P J Investment Management Inc. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 10.3% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 29,457 shares of the company’s stock valued at $2,206,000 after purchasing an additional 2,739 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.4%

NYSEARCA:SMLF opened at $82.18 on Friday. The firm has a market cap of $3.61 billion, a PE ratio of 17.17 and a beta of 1.09. The stock has a fifty day moving average price of $77.86 and a 200 day moving average price of $76.59. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $59.64 and a 12-month high of $83.97.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.