107,936 Shares in iShares U.S. Small Cap Equity Factor ETF $SMLF Bought by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. acquired a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 107,936 shares of the company’s stock, valued at approximately $9,019,000. iShares U.S. Small Cap Equity Factor ETF comprises 1.4% of Schmidt P J Investment Management Inc.’s holdings, making the stock its 21st largest position. Schmidt P J Investment Management Inc. owned about 0.22% of iShares U.S. Small Cap Equity Factor ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. NewEdge Advisors LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF by 73.6% in the 1st quarter. NewEdge Advisors LLC now owns 45,069 shares of the company’s stock worth $3,402,000 after acquiring an additional 19,109 shares during the period. XML Financial LLC acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at $1,910,000. Cozad Asset Management Inc. lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 13.0% during the 1st quarter. Cozad Asset Management Inc. now owns 114,953 shares of the company’s stock worth $8,678,000 after purchasing an additional 13,204 shares during the period. Modern Wealth Management LLC lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 45.1% during the 1st quarter. Modern Wealth Management LLC now owns 733,974 shares of the company’s stock worth $55,811,000 after purchasing an additional 228,292 shares during the period. Finally, Geneos Wealth Management Inc. lifted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 13.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 180,534 shares of the company’s stock worth $13,629,000 after purchasing an additional 21,710 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Stock Up 1.2%

SMLF stock opened at $86.76 on Thursday. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $70.00 and a 52-week high of $90.74. The stock’s fifty day simple moving average is $85.53 and its 200-day simple moving average is $83.36. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 17.17 and a beta of 1.09.

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.