iShares U.S. Small Cap Equity Factor ETF $SMLF Position Raised by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 13.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 753,749 shares of the company’s stock after purchasing an additional 88,667 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Small Cap Equity Factor ETF were worth $56,900,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMLF. Strategic Financial Services Inc. increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.8% during the 4th quarter. Strategic Financial Services Inc. now owns 3,810,840 shares of the company’s stock valued at $302,962,000 after purchasing an additional 65,743 shares during the period. Wells Fargo & Company MN raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 6.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,328,943 shares of the company’s stock worth $174,391,000 after buying an additional 135,653 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 16.4% in the third quarter. Ameriprise Financial Inc. now owns 1,826,109 shares of the company’s stock valued at $135,774,000 after buying an additional 257,905 shares during the period. Advance Capital Management Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at $116,691,000. Finally, LPL Financial LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 17.6% during the fourth quarter. LPL Financial LLC now owns 1,388,541 shares of the company’s stock valued at $103,974,000 after buying an additional 207,319 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Down 0.1%

Shares of SMLF stock opened at $85.92 on Friday. The stock has a 50-day simple moving average of $86.22 and a 200 day simple moving average of $81.42. The stock has a market capitalization of $4.07 billion, a P/E ratio of 17.17 and a beta of 1.07. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $67.43 and a fifty-two week high of $89.74.

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.