Foster & Motley Inc. Sells 327 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Foster & Motley Inc. cut its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 20,518 shares of the company’s stock after selling 327 shares during the period. Foster & Motley Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $1,207,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Services Inc increased its stake in iShares U.S. Small Cap Equity Factor ETF by 0.3% in the 3rd quarter. Strategic Financial Services Inc now owns 3,877,546 shares of the company’s stock worth $200,585,000 after buying an additional 11,890 shares in the last quarter. Acropolis Investment Management LLC boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 5.8% in the fourth quarter. Acropolis Investment Management LLC now owns 662,796 shares of the company’s stock worth $39,450,000 after acquiring an additional 36,296 shares during the period. Ullmann Wealth Partners Group LLC grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 5.8% during the fourth quarter. Ullmann Wealth Partners Group LLC now owns 493,027 shares of the company’s stock worth $29,000,000 after purchasing an additional 27,187 shares in the last quarter. Financial Management Professionals Inc. raised its stake in iShares U.S. Small Cap Equity Factor ETF by 0.5% during the 4th quarter. Financial Management Professionals Inc. now owns 445,697 shares of the company’s stock valued at $26,216,000 after purchasing an additional 2,360 shares during the period. Finally, Cerity Partners LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 7.7% in the 4th quarter. Cerity Partners LLC now owns 96,317 shares of the company’s stock worth $5,665,000 after purchasing an additional 6,891 shares in the last quarter.

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

Shares of SMLF opened at $60.50 on Wednesday. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $47.77 and a 1 year high of $63.91. The company has a 50 day simple moving average of $61.22 and a two-hundred day simple moving average of $57.00. The firm has a market cap of $977.08 million, a P/E ratio of 13.06 and a beta of 1.21.

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).