Clearwater Capital Advisors LLC trimmed its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF – Free Report) by 4.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 447,434 shares of the company’s stock after selling 19,563 shares during the period. iShares U.S. Small Cap Equity Factor ETF comprises approximately 3.0% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 10th largest holding. Clearwater Capital Advisors LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $30,202,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concord Wealth Partners grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 126.2% during the 4th quarter. Concord Wealth Partners now owns 441 shares of the company’s stock worth $30,000 after buying an additional 246 shares during the period. Blue Trust Inc. grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 7,494.4% during the 4th quarter. Blue Trust Inc. now owns 1,367 shares of the company’s stock worth $92,000 after acquiring an additional 1,349 shares during the period. JFS Wealth Advisors LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at $125,000. Cadence Bank acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at $210,000. Finally, HighTower Advisors LLC bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $211,000.
iShares U.S. Small Cap Equity Factor ETF Trading Up 2.9 %
NYSEARCA SMLF opened at $62.67 on Monday. 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 stock has a 50-day simple moving average of $68.22 and a 200 day simple moving average of $68.15. The company has a market capitalization of $1.59 billion, a PE ratio of 16.30 and a beta of 1.13.
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).
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