iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Acquired by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 227.4% in the second quarter, HoldingsChannel.com reports. The firm owned 93,331 shares of the company’s stock after acquiring an additional 64,821 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $8,320,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Pittenger & Anderson Inc. purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at about $25,000. IFP Advisors Inc boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 509.9% during the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock worth $32,000 after buying an additional 362 shares during the period. Western Wealth Management LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the first quarter worth about $47,000. International Assets Investment Management LLC increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 212.3% during the first quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock valued at $66,000 after acquiring an additional 586 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% during the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock valued at $69,000 after acquiring an additional 707 shares during the last quarter.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $89.60 on Tuesday. The company’s 50 day simple moving average is $87.05 and its 200-day simple moving average is $82.16. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $68.77 and a 1 year high of $90.15.

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.