Cornerstone Planning Group LLC Buys 7,628 Shares of iShares U.S. Small Cap Equity Factor ETF $SMLF

Cornerstone Planning Group LLC boosted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 1.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 443,175 shares of the company’s stock after acquiring an additional 7,628 shares during the period. iShares U.S. Small Cap Equity Factor ETF accounts for 4.0% of Cornerstone Planning Group LLC’s portfolio, making the stock its 6th biggest position. Cornerstone Planning Group LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $32,755,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $31,000. GPS Wealth Strategies Group LLC raised its stake in iShares U.S. Small Cap Equity Factor ETF by 1,120.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 708 shares of the company’s stock worth $48,000 after buying an additional 650 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 100.3% in the second quarter. CENTRAL TRUST Co now owns 1,508 shares of the company’s stock valued at $102,000 after buying an additional 755 shares during the period. Bell Investment Advisors Inc acquired a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at $160,000. Finally, Edge Financial Advisors LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF during the third quarter valued at $202,000.

iShares U.S. Small Cap Equity Factor ETF Trading Up 1.0%

SMLF stock opened at $78.60 on Tuesday. The firm has a market cap of $3.09 billion, a PE ratio of 17.17 and a beta of 1.10. The stock has a 50-day moving average price of $76.94 and a 200-day moving average price of $74.26. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $53.39 and a 1-year high of $80.72.

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