iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 137.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,474 shares of the company’s stock after buying an additional 28,643 shares during the quarter. Park Avenue Securities LLC owned 0.13% of iShares U.S. Small Cap Equity Factor ETF worth $3,705,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SMLF. Valmark Advisers Inc. increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 186.0% in the 3rd quarter. Valmark Advisers Inc. now owns 1,061,478 shares of the company’s stock worth $78,921,000 after acquiring an additional 690,272 shares in the last quarter. HighTower Advisors LLC raised its position in iShares U.S. Small Cap Equity Factor ETF by 3,218.4% during the third quarter. HighTower Advisors LLC now owns 504,897 shares of the company’s stock worth $37,540,000 after acquiring an additional 489,682 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 36.7% during the second quarter. Ameriprise Financial Inc. now owns 1,568,204 shares of the company’s stock valued at $106,565,000 after purchasing an additional 421,138 shares in the last quarter. River Wealth Advisors LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the second quarter valued at $22,334,000. Finally, Bank of America Corp DE grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 66.3% in the third quarter. Bank of America Corp DE now owns 770,271 shares of the company’s stock valued at $57,270,000 after purchasing an additional 307,021 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Stock Down 2.3%

SMLF stock opened at $73.62 on Monday. The stock has a market capitalization of $3.11 billion, a P/E ratio of 17.17 and a beta of 1.10. The firm has a 50-day simple moving average of $78.15 and a 200-day simple moving average of $75.93. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $80.72.

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