iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Strong Trading Volume – Still a Buy?

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw an uptick in trading volume on Friday . 1,609,817 shares changed hands during trading, an increase of 330% from the previous session’s volume of 374,036 shares.The stock last traded at $79.6750 and had previously closed at $79.49.

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

The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. The business has a fifty day moving average price of $77.82 and a 200 day moving average price of $75.01.

Hedge Funds Weigh In On iShares U.S. Small Cap Equity Factor ETF

Large investors have recently bought and sold shares of the stock. Abound Wealth Management acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter valued at approximately $27,000. Creative Financial Designs Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter valued at $31,000. IFP Advisors Inc increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% during the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after purchasing an additional 362 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth $33,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of 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 valued at $48,000 after buying an additional 650 shares during the period.

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.