iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Volume Increase

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw unusually-strong trading volume on Tuesday . Approximately 246,996 shares traded hands during trading, an increase of 270% from the previous session’s volume of 66,718 shares.The stock last traded at $60.47 and had previously closed at $61.01.

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

The firm’s 50 day moving average is $61.46 and its 200 day moving average is $59.72. The firm has a market cap of $1.02 billion, a P/E ratio of 13.60 and a beta of 1.19.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Hedge funds have recently bought and sold shares of the business. US Bancorp DE lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 0.7% in the first quarter. US Bancorp DE now owns 26,976 shares of the company’s stock worth $1,715,000 after buying an additional 184 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 4.4% in the first quarter. Park Avenue Securities LLC now owns 4,559 shares of the company’s stock worth $290,000 after buying an additional 194 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 0.4% in the first quarter. Commonwealth Equity Services LLC now owns 77,921 shares of the company’s stock worth $4,954,000 after buying an additional 283 shares in the last quarter. Cedar Brook Financial Partners LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 2.1% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 19,522 shares of the company’s stock worth $1,122,000 after buying an additional 395 shares in the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 66.6% in the fourth quarter. Bogart Wealth LLC now owns 1,001 shares of the company’s stock worth $59,000 after buying an additional 400 shares in the last quarter.

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).