iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Hits New 12-Month High – Time to Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLFGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $89.29 and last traded at $89.14, with a volume of 157793 shares changing hands. The stock had previously closed at $88.61.

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

The company has a market capitalization of $3.93 billion, a PE ratio of 17.17 and a beta of 1.08. The stock’s 50 day simple moving average is $84.63 and its 200-day simple moving average is $80.03.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Pittenger & Anderson Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter worth $25,000. Abound Wealth Management purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the fourth quarter worth $27,000. IFP Advisors Inc raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 509.9% in the fourth quarter. IFP Advisors Inc now owns 433 shares of the company’s stock valued at $32,000 after acquiring an additional 362 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at $33,000. Finally, Western Wealth Management LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at $47,000.

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

(Get Free Report)

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.

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