BFI Wealth Solutions LLC Takes Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

BFI Wealth Solutions LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the fourth quarter, HoldingsChannel reports. The fund acquired 28,150 shares of the company’s stock, valued at approximately $2,108,000. iShares U.S. Small Cap Equity Factor ETF accounts for 2.0% of BFI Wealth Solutions LLC’s investment portfolio, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its position in iShares U.S. Small Cap Equity Factor ETF by 36.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,568,204 shares of the company’s stock worth $106,565,000 after purchasing 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 valued at $57,270,000 after buying an additional 307,021 shares during the last quarter. Madison Wealth Partners Inc bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at $22,746,000. Thrivent Financial for Lutherans bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at $22,271,000. Finally, Modern Wealth Management LLC boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 430.1% in 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 last quarter.

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

Shares of SMLF opened at $87.04 on Friday. iShares U.S. Small Cap Equity Factor ETF has a one year low of $65.14 and a one year high of $88.14. The firm has a market capitalization of $3.84 billion, a P/E ratio of 17.17 and a beta of 1.08. The business has a fifty day moving average of $83.40 and a 200 day moving average of $79.34.

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.