Phillips Financial Management LLC Has $4.39 Million Holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Phillips Financial Management LLC decreased its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 10.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 65,001 shares of the company’s stock after selling 7,538 shares during the period. Phillips Financial Management LLC owned about 0.39% of iShares U.S. Small Cap Equity Factor ETF worth $4,388,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SMLF. Charles Schwab Investment Management Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at $31,691,000. Cornerstone Planning Group LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter worth $24,193,000. Exchange Traded Concepts LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth about $9,438,000. Denver PWM LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at $8,067,000. Finally, Fox Financial Inc boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 32.4% in the fourth quarter. Fox Financial Inc now owns 278,959 shares of the company’s stock valued at $18,830,000 after acquiring an additional 68,239 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Trading Up 0.1 %

NYSEARCA:SMLF opened at $62.03 on Thursday. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 16.30 and a beta of 1.13. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $58.48 and a 12 month high of $74.69. The firm has a fifty day simple moving average of $68.48 and a two-hundred day simple moving average of $68.17.

iShares U.S. Small Cap Equity Factor ETF 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).