iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 28.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,249 shares of the company’s stock after selling 49,984 shares during the period. JPMorgan Chase & Co. owned approximately 0.44% of iShares U.S. Small Cap Equity Factor ETF worth $8,375,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the second quarter worth $31,000. GPS Wealth Strategies Group LLC boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1,120.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock worth $48,000 after purchasing an additional 650 shares in the last quarter. CENTRAL TRUST Co grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 100.3% during the 2nd quarter. CENTRAL TRUST Co now owns 1,508 shares of the company’s stock worth $102,000 after purchasing an additional 755 shares during the period. Comerica Bank increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 98.2% in the 1st quarter. Comerica Bank now owns 2,349 shares of the company’s stock valued at $146,000 after purchasing an additional 1,164 shares in the last quarter. Finally, Bell Investment Advisors Inc purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at about $160,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.1%

SMLF stock opened at $75.60 on Wednesday. The company’s 50-day moving average price is $74.09 and its 200 day moving average price is $71.46. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $76.33. The company has a market cap of $2.63 billion, a P/E ratio of 17.17 and a beta of 1.10.

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).