iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Strong Trading Volume – Still a Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares saw strong trading volume on Friday . 1,609,817 shares changed hands during trading, an increase of 330% from the previous session’s volume of 374,036 shares.The stock last traded at $79.6750 and had previously closed at $79.49.

iShares U.S. Small Cap Equity Factor ETF Stock Up 0.4%

The stock has a market capitalization of $3.37 billion, a P/E ratio of 17.17 and a beta of 1.10. The firm’s 50-day simple moving average is $77.82 and its 200 day simple moving average is $75.01.

Institutional Trading of iShares U.S. Small Cap Equity Factor ETF

A number of large investors have recently added to or reduced their stakes in SMLF. Arkadios Wealth Advisors lifted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 4.0% during the 4th quarter. Arkadios Wealth Advisors now owns 3,573 shares of the company’s stock valued at $268,000 after acquiring an additional 138 shares during the last quarter. Avidian Wealth Enterprises LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 2.2% during the third quarter. Avidian Wealth Enterprises LLC now owns 6,583 shares of the company’s stock worth $489,000 after purchasing an additional 140 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 4.8% during the third quarter. AdvisorNet Financial Inc now owns 3,126 shares of the company’s stock valued at $232,000 after purchasing an additional 144 shares during the last quarter. Dynamic Wealth Strategies LLC lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 0.9% during the third quarter. Dynamic Wealth Strategies LLC now owns 20,583 shares of the company’s stock valued at $1,530,000 after purchasing an additional 181 shares during the last quarter. Finally, Independent Advisor Alliance boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 4.0% in the 4th quarter. Independent Advisor Alliance now owns 5,438 shares of the company’s stock valued at $407,000 after purchasing an additional 210 shares during the period.

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