Axiom Financial Strategies LLC Acquires Shares of 10,078 iShares U.S. Small Cap Equity Factor ETF $SMLF

Axiom Financial Strategies LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 10,078 shares of the company’s stock, valued at approximately $749,000. iShares U.S. Small Cap Equity Factor ETF makes up 0.3% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 28th largest position.

Other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at approximately $96,000. CENTRAL TRUST Co lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 100.3% in the 2nd quarter. CENTRAL TRUST Co now owns 1,508 shares of the company’s stock valued at $102,000 after acquiring an additional 755 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth approximately $108,000. Bell Investment Advisors Inc acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $160,000. Finally, Edge Financial Advisors LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth approximately $202,000.

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

Shares of NYSEARCA:SMLF opened at $74.43 on Friday. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $53.39 and a 12-month high of $80.72. The company has a market cap of $3.14 billion, a P/E ratio of 17.17 and a beta of 1.10. The company’s fifty day moving average is $78.43 and its two-hundred day moving average is $75.84.

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.