iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 214,540 shares, a growth of 334.7% from the July 15th total of 49,357 shares. Based on an average daily volume of 134,460 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Large investors have recently made changes to their positions in the business. Pittenger & Anderson Inc. purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter worth $25,000. IFP Advisors Inc boosted its holdings in 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 purchasing an additional 362 shares during the last quarter. Western Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth about $47,000. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 212.3% during the 1st quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock valued at $66,000 after buying an additional 586 shares during the last quarter. Finally, Harbour Investments Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% in the 4th quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock valued at $69,000 after buying an additional 707 shares during the period.

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

NYSEARCA SMLF traded up $0.13 during trading hours on Friday, reaching $90.59. The stock had a trading volume of 62,345 shares, compared to its average volume of 221,509. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $69.99 and a 52-week high of $90.74. The stock has a fifty day moving average of $87.30 and a 200 day moving average of $82.38. The stock has a market cap of $4.30 billion, a P/E ratio of 17.17 and a beta of 1.08.

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.