iShares U.S. Small Cap Equity Factor ETF $SMLF Stock Holdings Boosted by Modern Wealth Management LLC

Modern Wealth Management LLC grew its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 45.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 733,974 shares of the company’s stock after purchasing an additional 228,292 shares during the period. iShares U.S. Small Cap Equity Factor ETF makes up approximately 1.0% of Modern Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Modern Wealth Management LLC owned 1.66% of iShares U.S. Small Cap Equity Factor ETF worth $55,811,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SMLF. Royal Bank of Canada increased its position in iShares U.S. Small Cap Equity Factor ETF by 150.9% in the 1st quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock valued at $4,254,000 after acquiring an additional 41,163 shares during the period. NewEdge Advisors LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 20.4% during the first quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,832 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 769.0% during the first quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock valued at $8,357,000 after purchasing an additional 118,972 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 506.4% in the second quarter. Peapack Gladstone Financial Corp now owns 66,351 shares of the company’s stock worth $4,508,000 after purchasing an additional 55,409 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth about $596,000.

iShares U.S. Small Cap Equity Factor ETF Stock Down 0.6%

Shares of SMLF opened at $85.97 on Friday. The firm has a market capitalization of $4.07 billion, a PE ratio of 17.17 and a beta of 1.07. The firm has a 50-day moving average price of $86.14 and a 200 day moving average price of $81.39. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $67.43 and a 52-week high of $89.74.

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.