River Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 328,683 shares of the company’s stock, valued at approximately $22,334,000. iShares U.S. Small Cap Equity Factor ETF accounts for 2.8% of River Wealth Advisors LLC’s portfolio, making the stock its 6th biggest position. River Wealth Advisors LLC owned approximately 1.18% of iShares U.S. Small Cap Equity Factor ETF as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter worth approximately $31,000. GPS Wealth Strategies Group LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 1,120.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock worth $48,000 after purchasing an additional 650 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 100.3% during the second quarter. CENTRAL TRUST Co now owns 1,508 shares of the company’s stock worth $102,000 after purchasing an additional 755 shares during the last quarter. Comerica Bank increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 98.2% in the first quarter. Comerica Bank now owns 2,349 shares of the company’s stock valued at $146,000 after buying an additional 1,164 shares in the last quarter. Finally, Bell Investment Advisors Inc bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $160,000.
iShares U.S. Small Cap Equity Factor ETF Stock Down 0.2%
Shares of NYSEARCA SMLF opened at $74.65 on Wednesday. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $53.39 and a 12-month high of $76.33. The firm’s 50-day simple moving average is $73.94 and its 200 day simple moving average is $71.10. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10.
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).
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