Seneca House Advisors Takes $7.37 Million Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Seneca House Advisors acquired a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 98,374 shares of the company’s stock, valued at approximately $7,366,000. iShares U.S. Small Cap Equity Factor ETF comprises about 2.8% of Seneca House Advisors’ holdings, making the stock its 12th largest position. Seneca House Advisors owned 0.23% of iShares U.S. Small Cap Equity Factor ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SMLF. Abound Wealth Management acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at approximately $27,000. IFP Advisors Inc lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after buying an additional 362 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter worth approximately $33,000. Harbour Investments Inc. increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% during the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock worth $69,000 after purchasing an additional 707 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1,946.4% during the third quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock worth $85,000 after purchasing an additional 1,090 shares during the period.

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

Shares of NYSEARCA SMLF opened at $86.62 on Wednesday. The firm has a market cap of $3.82 billion, a P/E ratio of 17.17 and a beta of 1.08. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $65.14 and a 1-year high of $88.14. The business’s 50 day moving average is $83.00 and its 200-day moving average is $79.18.

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.