Strategic Financial Services Inc. Has $302.96 Million Stake in iShares U.S. Small Cap Equity Factor ETF $SMLF

Strategic Financial Services Inc. lifted its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,810,840 shares of the company’s stock after acquiring an additional 65,743 shares during the period. iShares U.S. Small Cap Equity Factor ETF makes up approximately 14.1% of Strategic Financial Services Inc.’s portfolio, making the stock its 2nd biggest position. Strategic Financial Services Inc. owned approximately 9.03% of iShares U.S. Small Cap Equity Factor ETF worth $302,962,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SMLF. HighTower Advisors LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 3,218.4% in the 3rd quarter. HighTower Advisors LLC now owns 504,897 shares of the company’s stock worth $37,540,000 after acquiring an additional 489,682 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares U.S. Small Cap Equity Factor ETF by 36.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,568,204 shares of the company’s stock worth $106,565,000 after buying an additional 421,138 shares during the period. Bank of America Corp DE raised its stake in iShares U.S. Small Cap Equity Factor ETF by 66.3% during the 3rd quarter. Bank of America Corp DE now owns 770,271 shares of the company’s stock worth $57,270,000 after buying an additional 307,021 shares during the period. Thrivent Financial for Lutherans acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 4th quarter worth approximately $22,271,000. Finally, Modern Wealth Management LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 430.1% during the 3rd quarter. Modern Wealth Management LLC now owns 360,524 shares of the company’s stock worth $26,805,000 after buying an additional 292,518 shares during the period.

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

SMLF stock opened at $85.27 on Wednesday. The stock’s 50 day simple moving average is $79.84 and its 200 day simple moving average is $77.83. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $64.15 and a fifty-two week high of $85.37. The company has a market cap of $3.76 billion, a P/E ratio of 17.17 and a beta of 1.08.

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.