Hennion & Walsh Asset Management Inc. Makes New Investment in iShares U.S. Small Cap Equity Factor ETF $SMLF

Hennion & Walsh Asset Management Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 275,578 shares of the company’s stock, valued at approximately $20,489,000. iShares U.S. Small Cap Equity Factor ETF accounts for about 0.7% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 16th largest position. Hennion & Walsh Asset Management Inc. owned 0.81% of iShares U.S. Small Cap Equity Factor ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank boosted its holdings in 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 worth $146,000 after acquiring an additional 1,164 shares during the period. Royal Bank of Canada grew its stake in iShares U.S. Small Cap Equity Factor ETF by 150.9% during the 1st quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock worth $4,254,000 after buying an additional 41,163 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 20.4% in the 1st quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock worth $1,039,000 after acquiring an additional 2,832 shares during the period. Jane Street Group LLC increased its position in iShares U.S. Small Cap Equity Factor ETF by 769.0% in the 1st quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock valued at $8,357,000 after acquiring an additional 118,972 shares during the period. Finally, Integrity Alliance LLC. raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 85.4% during the first quarter. Integrity Alliance LLC. now owns 330,895 shares of the company’s stock valued at $20,568,000 after purchasing an additional 152,464 shares in the last quarter.

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

SMLF opened at $76.71 on Tuesday. The stock’s fifty day moving average is $74.70 and its 200-day moving average is $72.81. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $77.68. The company has a market capitalization of $2.90 billion, a PE ratio of 17.17 and a beta of 1.10.

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.