Hibernia Wealth Partners LLC Trims Stock Holdings in iShares U.S. Small Cap Equity Factor ETF $SMLF

Hibernia Wealth Partners LLC lessened its holdings in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 49.1% in the third quarter, Holdings Channel.com reports. The firm owned 9,046 shares of the company’s stock after selling 8,727 shares during the period. iShares U.S. Small Cap Equity Factor ETF comprises 0.4% of Hibernia Wealth Partners LLC’s portfolio, making the stock its 26th largest holding. Hibernia Wealth Partners LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $673,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ameriprise Financial Inc. increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 36.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,568,204 shares of the company’s stock worth $106,565,000 after purchasing an additional 421,138 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 186.0% during the 3rd quarter. Valmark Advisers Inc. now owns 1,061,478 shares of the company’s stock valued at $78,921,000 after buying an additional 690,272 shares during the last quarter. Acropolis Investment Management LLC grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 5.1% during the third quarter. Acropolis Investment Management LLC now owns 915,251 shares of the company’s stock worth $62,191,000 after buying an additional 44,367 shares in the last quarter. Financial Management Professionals Inc. grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 1.8% during the third quarter. Financial Management Professionals Inc. now owns 530,408 shares of the company’s stock worth $39,436,000 after buying an additional 9,557 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3,218.4% in the third quarter. HighTower Advisors LLC now owns 504,897 shares of the company’s stock worth $37,540,000 after buying an additional 489,682 shares during the last quarter.

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

SMLF opened at $75.70 on Friday. The stock has a market capitalization of $3.19 billion, a PE ratio of 17.17 and a beta of 1.10. The firm’s fifty day moving average price is $78.42 and its 200 day moving average price is $75.67. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $53.39 and a 12-month 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.