LWM Advisory Services LLC Cuts Stock Holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

LWM Advisory Services LLC lowered its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 9.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,934 shares of the company’s stock after selling 1,898 shares during the period. iShares U.S. Small Cap Equity Factor ETF makes up about 0.9% of LWM Advisory Services LLC’s portfolio, making the stock its 26th largest position. LWM Advisory Services LLC owned approximately 0.11% of iShares U.S. Small Cap Equity Factor ETF worth $1,278,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMLF. Cornerstone Planning Group LLC purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth approximately $24,193,000. Exchange Traded Concepts LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth approximately $9,438,000. Denver PWM LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth approximately $8,067,000. Fox Financial Inc boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 32.4% in the 4th quarter. Fox Financial Inc now owns 278,959 shares of the company’s stock worth $18,830,000 after purchasing an additional 68,239 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF by 19.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 260,190 shares of the company’s stock worth $17,264,000 after purchasing an additional 43,160 shares in the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Down 2.9 %

SMLF stock opened at $67.62 on Friday. The firm has a 50 day moving average of $69.48 and a 200 day moving average of $67.95. The stock has a market capitalization of $1.67 billion, a PE ratio of 17.64 and a beta of 1.13. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $58.48 and a 52 week high of $74.69.

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