Parallel Advisors LLC Decreases Position in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE)

Parallel Advisors LLC reduced its stake in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,933 shares of the company’s stock after selling 449 shares during the quarter. Parallel Advisors LLC owned about 0.35% of iShares MSCI USA Size Factor ETF worth $1,178,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SIZE. Commonwealth Equity Services LLC lifted its position in iShares MSCI USA Size Factor ETF by 40.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,102 shares of the company’s stock worth $461,000 after buying an additional 888 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares MSCI USA Size Factor ETF by 2.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 46,735 shares of the company’s stock worth $6,940,000 after acquiring an additional 1,195 shares during the last quarter. MML Investors Services LLC increased its stake in iShares MSCI USA Size Factor ETF by 40.0% during the third quarter. MML Investors Services LLC now owns 4,286 shares of the company’s stock worth $638,000 after acquiring an additional 1,224 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI USA Size Factor ETF during the third quarter worth about $214,000. Finally, Atlas Private Wealth Advisors acquired a new stake in iShares MSCI USA Size Factor ETF during the fourth quarter worth about $215,000.

iShares MSCI USA Size Factor ETF Price Performance

Shares of NYSEARCA:SIZE opened at $146.55 on Thursday. The firm has a market capitalization of $307.76 million, a PE ratio of 21.04 and a beta of 1.09. The business has a 50-day moving average of $151.28 and a two-hundred day moving average of $150.93. iShares MSCI USA Size Factor ETF has a 12 month low of $132.93 and a 12 month high of $159.48.

About iShares MSCI USA Size Factor ETF

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.