Schmidt P J Investment Management Inc. Increases Stock Holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Schmidt P J Investment Management Inc. lifted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,748 shares of the company’s stock after purchasing an additional 1,818 shares during the period. Schmidt P J Investment Management Inc. owned 0.12% of iShares U.S. Small Cap Equity Factor ETF worth $1,333,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 4th quarter valued at approximately $392,000. Jane Street Group LLC lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 135.3% during the third quarter. Jane Street Group LLC now owns 19,742 shares of the company’s stock valued at $1,310,000 after purchasing an additional 11,351 shares in the last quarter. Flagship Private Wealth LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at $277,000. Marks Group Wealth Management Inc bought a new stake in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $580,000. Finally, Fox Financial Inc raised its position in iShares U.S. Small Cap Equity Factor ETF by 27.7% in the 3rd quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock worth $13,981,000 after buying an additional 45,707 shares during the last quarter.

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

SMLF opened at $70.84 on Thursday. The company’s 50-day simple moving average is $70.22 and its two-hundred day simple moving average is $67.44. iShares U.S. Small Cap Equity Factor ETF has a 52-week low of $57.59 and a 52-week high of $74.69. The stock has a market capitalization of $1.19 billion, a P/E ratio of 13.60 and a beta of 1.19.

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