Acropolis Investment Management LLC Raises Position in iShares U.S. Small Cap Equity Factor ETF $SMLF

Acropolis Investment Management LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 968,630 shares of the company’s stock after acquiring an additional 53,379 shares during the period. iShares U.S. Small Cap Equity Factor ETF makes up approximately 3.3% of Acropolis Investment Management LLC’s holdings, making the stock its 9th largest holding. Acropolis Investment Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $72,531,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Abound Wealth Management purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the fourth quarter worth about $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $33,000. Sunbelt Securities Inc. increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1,946.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,146 shares of the company’s stock valued at $85,000 after purchasing an additional 1,090 shares during the last quarter. Franklin Resources Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at $96,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth $108,000.

iShares U.S. Small Cap Equity Factor ETF Price Performance

NYSEARCA:SMLF opened at $73.68 on Friday. The business has a fifty day moving average price of $77.76 and a 200-day moving average price of $75.95. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a one year low of $53.39 and a one year high of $80.72.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.