iShares U.S. Small Cap Equity Factor ETF $SMLF Position Lifted by Valmark Advisers Inc.

Valmark Advisers Inc. raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 371,206 shares of the company’s stock after acquiring an additional 5,616 shares during the quarter. Valmark Advisers Inc. owned approximately 1.35% of iShares U.S. Small Cap Equity Factor ETF worth $25,223,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Flagship Private Wealth LLC lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 55.0% in the 2nd quarter. Flagship Private Wealth LLC now owns 24,114 shares of the company’s stock worth $1,639,000 after buying an additional 8,559 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth about $235,000. Truist Financial Corp lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 20.7% in the 2nd quarter. Truist Financial Corp now owns 17,338 shares of the company’s stock worth $1,178,000 after buying an additional 2,974 shares during the last quarter. Park Place Capital Corp bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth about $607,000. Finally, LifeGoal Wealth Advisors lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.5% in the 2nd quarter. LifeGoal Wealth Advisors now owns 31,930 shares of the company’s stock worth $2,170,000 after buying an additional 482 shares during the last quarter.

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

iShares U.S. Small Cap Equity Factor ETF stock opened at $74.26 on Wednesday. The firm’s 50-day moving average is $72.66 and its 200-day moving average is $67.38. iShares U.S. Small Cap Equity Factor ETF has a 1 year low of $53.39 and a 1 year high of $75.86. The company has a market cap of $2.41 billion, a P/E ratio of 17.17 and a beta of 1.10.

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).