iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sets New 12-Month High – Still a Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $88.30 and last traded at $88.07, with a volume of 9428 shares traded. The stock had previously closed at $87.22.

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

The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 17.17 and a beta of 1.08. The business has a fifty day moving average of $84.05 and a two-hundred day moving average of $79.67.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

Large investors have recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 73.6% in the first quarter. NewEdge Advisors LLC now owns 45,069 shares of the company’s stock valued at $3,402,000 after buying an additional 19,109 shares in the last quarter. Cozad Asset Management Inc. boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 13.0% in the 1st quarter. Cozad Asset Management Inc. now owns 114,953 shares of the company’s stock worth $8,678,000 after buying an additional 13,204 shares in the last quarter. Western Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at about $47,000. Mascagni Wealth Management Inc. grew its stake in iShares U.S. Small Cap Equity Factor ETF by 29.5% in the 1st quarter. Mascagni Wealth Management Inc. now owns 4,859 shares of the company’s stock valued at $367,000 after acquiring an additional 1,107 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its position in iShares U.S. Small Cap Equity Factor ETF by 4.9% during the first quarter. Arkadios Wealth Advisors now owns 3,749 shares of the company’s stock worth $283,000 after acquiring an additional 176 shares during the last quarter.

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.