NewEdge Advisors LLC Has $3.40 Million Stock Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

NewEdge Advisors LLC lifted its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 73.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,069 shares of the company’s stock after acquiring an additional 19,109 shares during the period. NewEdge Advisors LLC owned about 0.10% of iShares U.S. Small Cap Equity Factor ETF worth $3,402,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SMLF. Pittenger & Anderson Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at approximately $25,000. IFP Advisors Inc grew its position in iShares U.S. Small Cap Equity Factor ETF by 509.9% during the 4th quarter. IFP Advisors Inc now owns 433 shares of the company’s stock worth $32,000 after purchasing an additional 362 shares in the last quarter. Western Wealth Management LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at $47,000. International Assets Investment Management LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 212.3% during the 1st quarter. International Assets Investment Management LLC now owns 862 shares of the company’s stock valued at $66,000 after purchasing an additional 586 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 319.9% in the fourth quarter. Harbour Investments Inc. now owns 928 shares of the company’s stock valued at $69,000 after purchasing an additional 707 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Up 0.4%

SMLF opened at $90.17 on Thursday. The firm has a market capitalization of $4.28 billion, a P/E ratio of 17.17 and a beta of 1.08. The stock has a fifty day moving average of $87.22 and a 200-day moving average of $82.30. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $69.99 and a 12-month high of $90.50.

About iShares U.S. Small Cap Equity Factor ETF

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.