iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Strong Trading Volume – Time to Buy?

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw strong trading volume on Monday . 630,564 shares changed hands during trading, an increase of 187% from the previous session’s volume of 219,892 shares.The stock last traded at $76.9510 and had previously closed at $75.88.

iShares U.S. Small Cap Equity Factor ETF Trading Up 1.1%

The firm has a market cap of $2.90 billion, a P/E ratio of 17.17 and a beta of 1.10. The business has a 50-day moving average price of $74.70 and a 200-day moving average price of $72.81.

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

Hedge funds have recently modified their holdings of the business. KERR FINANCIAL PLANNING Corp bought a new stake in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $33,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth $31,000. GPS Wealth Strategies Group LLC boosted its position in iShares U.S. Small Cap Equity Factor ETF by 1,120.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock valued at $48,000 after purchasing an additional 650 shares in the last quarter. Sunbelt Securities Inc. grew its stake in iShares U.S. Small Cap Equity Factor ETF by 1,946.4% in the third quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock valued at $85,000 after purchasing an additional 1,090 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in iShares U.S. Small Cap Equity Factor ETF in the third quarter worth about $96,000.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.