FLC Capital Advisors Takes $7.43 Million Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

FLC Capital Advisors bought a new position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 99,179 shares of the company’s stock, valued at approximately $7,427,000. iShares U.S. Small Cap Equity Factor ETF makes up 1.4% of FLC Capital Advisors’ portfolio, making the stock its 18th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SMLF. Abound Wealth Management purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter worth $27,000. IFP Advisors Inc grew its position in iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock worth $32,000 after acquiring an additional 362 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the third quarter worth $33,000. Harbour Investments Inc. grew its position in iShares U.S. Small Cap Equity Factor ETF by 319.9% in the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after acquiring an additional 707 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares U.S. Small Cap Equity Factor ETF by 1,946.4% in the third quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock worth $85,000 after acquiring an additional 1,090 shares in the last quarter.

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

Shares of NYSEARCA:SMLF opened at $84.17 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $65.14 and a 52-week high of $86.59. The firm has a fifty day moving average of $81.50 and a 200 day moving average of $78.47. The firm has a market capitalization of $3.71 billion, a PE ratio of 17.17 and a beta of 1.08.

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.