PTM Wealth Management LLC Purchases 8,746 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

PTM Wealth Management LLC boosted its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 5.4% in the 3rd quarter, Holdings Channel reports. The firm owned 171,808 shares of the company’s stock after acquiring an additional 8,746 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF accounts for about 7.7% of PTM Wealth Management LLC’s portfolio, making the stock its 4th largest position. PTM Wealth Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $12,898,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Financial Services Inc. grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 3.8% in the 2nd quarter. Strategic Financial Services Inc. now owns 3,744,652 shares of the company’s stock valued at $254,449,000 after buying an additional 137,719 shares in the last quarter. Ameriprise Financial Inc. grew its holdings 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 valued at $106,565,000 after purchasing an additional 421,138 shares during the period. Valmark Advisers Inc. increased its position in iShares U.S. Small Cap Equity Factor ETF by 186.0% during the third quarter. Valmark Advisers Inc. now owns 1,061,478 shares of the company’s stock worth $78,921,000 after purchasing an additional 690,272 shares during the last quarter. Acropolis Investment Management LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 5.1% during the third quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock worth $62,191,000 after purchasing an additional 44,367 shares during the period. Finally, Financial Management Professionals Inc. raised its stake in iShares U.S. Small Cap Equity Factor ETF by 1.8% during the third quarter. Financial Management Professionals Inc. now owns 530,408 shares of the company’s stock worth $39,436,000 after purchasing an additional 9,557 shares during the period.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $78.79 on Thursday. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. The firm has a 50 day simple moving average of $75.26 and a 200-day simple moving average of $73.33. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $53.39 and a 1-year high of $78.96.

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.