iShares U.S. Small Cap Equity Factor ETF $SMLF Holdings Lessened by Strategic Financial Services Inc.

Strategic Financial Services Inc. trimmed its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,777,784 shares of the company’s stock after selling 58,658 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF accounts for approximately 14.8% of Strategic Financial Services Inc.’s portfolio, making the stock its 2nd biggest holding. Strategic Financial Services Inc. owned 0.08% of iShares U.S. Small Cap Equity Factor ETF worth $336,752,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Endeavor Private Wealth Inc. bought a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth approximately $202,000. HB Wealth Management LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter valued at $213,000. Fortitude Advisory Group L.L.C. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter valued at $277,000. Cassilly Financial Group LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3.3% in the 2nd quarter. Cassilly Financial Group LLC now owns 11,893 shares of the company’s stock worth $1,060,000 after purchasing an additional 379 shares in the last quarter. Finally, Premier Path Wealth Partners LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 15.3% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 38,133 shares of the company’s stock worth $3,399,000 after purchasing an additional 5,068 shares in the last quarter.

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

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $88.15 on Monday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $70.00 and a one year high of $90.74. The stock’s fifty day moving average is $88.06 and its 200 day moving average is $83.51. The stock has a market cap of $4.19 billion, a P/E 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.