iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 381,633 shares, a growth of 111.8% from the September 30th total of 180,225 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 243,689 shares, the days-to-cover ratio is currently 1.6 days.
iShares U.S. Small Cap Equity Factor ETF Stock Performance
Shares of NYSEARCA SMLF traded down $1.44 during trading hours on Friday, hitting $85.29. The stock had a trading volume of 240,056 shares, compared to its average volume of 214,565. The company has a market capitalization of $4.20 billion, a P/E ratio of 17.17 and a beta of 1.09. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $70.00 and a 52 week high of $90.74. The firm’s 50-day moving average price is $85.71 and its two-hundred day moving average price is $83.26.
Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF
A number of institutional investors and hedge funds have recently modified their holdings of SMLF. Integrity Alliance LLC. bought a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at $21,556,000. Integrity Advisory Solutions LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 13.0% during the third quarter. Integrity Advisory Solutions LLC now owns 15,490 shares of the company’s stock valued at $1,294,000 after purchasing an additional 1,782 shares in the last quarter. D.A. Davidson & CO. bought a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $4,554,000. SYM FINANCIAL Corp purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter worth $68,000. Finally, Park Avenue Securities LLC bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at approximately $10,924,000.
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.
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