Wharton Business Group LLC Sells 7,924 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Wharton Business Group LLC cut its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 26.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,125 shares of the company’s stock after selling 7,924 shares during the period. Wharton Business Group LLC owned 0.13% of iShares U.S. Small Cap Equity Factor ETF worth $1,468,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SMLF. Flagship Private Wealth LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at about $277,000. Marks Group Wealth Management Inc bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at approximately $580,000. Fox Financial Inc grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 27.7% in the 3rd quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock valued at $13,981,000 after purchasing an additional 45,707 shares during the period. ORG Partners LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter valued at approximately $91,000. Finally, Brookstone Capital Management bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at approximately $1,251,000.

iShares U.S. Small Cap Equity Factor ETF Trading Down 1.3 %

SMLF stock opened at $69.58 on Monday. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $51.50 and a 1-year high of $72.74. The firm has a market cap of $1.17 billion, a P/E ratio of 13.60 and a beta of 1.19. The business’s 50 day moving average is $66.77 and its 200-day moving average is $63.98.

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).