Tyche Wealth Partners LLC Acquires New Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Tyche Wealth Partners LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,869 shares of the company’s stock, valued at approximately $1,180,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 150.9% during the first quarter. Royal Bank of Canada now owns 68,441 shares of the company’s stock valued at $4,254,000 after acquiring an additional 41,163 shares in the last quarter. NewEdge Advisors LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 20.4% during the 1st quarter. NewEdge Advisors LLC now owns 16,719 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,832 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 769.0% in the 1st quarter. Jane Street Group LLC now owns 134,442 shares of the company’s stock worth $8,357,000 after purchasing an additional 118,972 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth $10,295,000. Finally, Truist Financial Corp raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 20.7% in the second quarter. Truist Financial Corp now owns 17,338 shares of the company’s stock worth $1,178,000 after purchasing an additional 2,974 shares during the last quarter.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $77.80 on Friday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $80.72. The business’s fifty day moving average is $76.82 and its 200 day moving average is $74.12. The stock has a market capitalization of $3.05 billion, a PE ratio of 17.17 and a beta of 1.10.

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.