iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Reaches New 52-Week High – Should You Buy?

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) reached a new 52-week high on Wednesday . The stock traded as high as $70.65 and last traded at $70.31, with a volume of 10192 shares. The stock had previously closed at $67.59.

iShares U.S. Small Cap Equity Factor ETF Trading Up 4.9 %

The stock has a market cap of $1.19 billion, a P/E ratio of 13.60 and a beta of 1.19. The stock’s 50-day moving average is $65.62 and its 200-day moving average is $63.37.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SMLF. ORG Partners LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth approximately $91,000. S.A. Mason LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at about $97,000. O Shaughnessy Asset Management LLC grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 34.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,883 shares of the company’s stock worth $120,000 after acquiring an additional 481 shares during the period. International Assets Investment Management LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the second quarter worth about $174,000. Finally, Leavell Investment Management Inc. acquired a new stake in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at about $200,000.

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).