Cozad Asset Management Inc. Raises Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Cozad Asset Management Inc. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 13.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 114,953 shares of the company’s stock after purchasing an additional 13,204 shares during the period. Cozad Asset Management Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $8,678,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SMLF. Royal Bank of Canada increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 150.9% in the first quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock worth $4,254,000 after buying an additional 41,163 shares during the period. NewEdge Advisors LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 20.4% during the 1st quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock valued at $1,039,000 after acquiring an additional 2,832 shares during the period. Jane Street Group LLC grew its position in iShares U.S. Small Cap Equity Factor ETF by 769.0% during the 1st quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock worth $8,357,000 after acquiring an additional 118,972 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in iShares U.S. Small Cap Equity Factor ETF by 506.4% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 66,351 shares of the company’s stock worth $4,508,000 after acquiring an additional 55,409 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth approximately $596,000.

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

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $86.23 on Friday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $67.43 and a one year high of $89.74. The business’s 50 day simple moving average is $86.59 and its two-hundred day simple moving average is $81.71. The stock has a market capitalization of $4.10 billion, a P/E ratio of 17.17 and a beta of 1.07.

iShares U.S. Small Cap Equity Factor ETF 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.