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

Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 13.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 753,749 shares of the company’s stock after buying an additional 88,667 shares during the period. Cetera Investment Advisers owned approximately 1.71% of iShares U.S. Small Cap Equity Factor ETF worth $56,900,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Advance Capital Management Inc. bought a new stake in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at $116,691,000. Ameriprise Financial Inc. grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 36.7% in the second quarter. Ameriprise Financial Inc. now owns 1,568,204 shares of the company’s stock worth $106,565,000 after purchasing an additional 421,138 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 66.3% in the third quarter. Bank of America Corp DE now owns 770,271 shares of the company’s stock worth $57,270,000 after purchasing an additional 307,021 shares in the last quarter. Madison Wealth Partners Inc acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter valued at $22,746,000. Finally, Thrivent Financial for Lutherans acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter valued at $22,271,000.

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

Shares of NYSEARCA SMLF opened at $85.92 on Friday. 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. The firm’s 50-day simple moving average is $86.22 and its 200 day simple moving average is $81.42. The stock has a market cap of $4.07 billion, a P/E ratio of 17.17 and a beta of 1.07.

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.