iShares U.S. Small Cap Equity Factor ETF $SMLF Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 133.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,603 shares of the company’s stock after purchasing an additional 85,001 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.53% of iShares U.S. Small Cap Equity Factor ETF worth $10,098,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SMLF. Thoroughbred Financial Services LLC raised its holdings in iShares U.S. Small Cap Equity Factor ETF by 939.1% in the first quarter. Thoroughbred Financial Services LLC now owns 33,937 shares of the company’s stock valued at $2,109,000 after acquiring an additional 30,671 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 15.8% during the 1st quarter. Atria Wealth Solutions Inc. now owns 6,203 shares of the company’s stock worth $386,000 after acquiring an additional 846 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth about $325,000. Maia Wealth LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at about $207,000. Finally, HighTower Advisors LLC lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 14.7% during the first quarter. HighTower Advisors LLC now owns 3,579 shares of the company’s stock worth $222,000 after purchasing an additional 459 shares during the last quarter.

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

NYSEARCA:SMLF opened at $74.81 on Tuesday. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $76.33. The stock has a 50-day simple moving average of $73.95 and a 200 day simple moving average of $71.04.

iShares U.S. Small Cap Equity Factor ETF Company 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).