iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Volume Increase

Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) saw strong trading volume on Tuesday . 371,019 shares changed hands during mid-day trading, an increase of 467% from the previous session’s volume of 65,421 shares.The stock last traded at $63.03 and had previously closed at $63.32.

iShares U.S. Small Cap Equity Factor ETF Trading Down 1.5 %

The stock has a market capitalization of $1.04 billion, a P/E ratio of 13.60 and a beta of 1.19. The company’s 50-day moving average is $61.61 and its two-hundred day moving average is $58.71.

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

Several hedge funds have recently bought and sold shares of SMLF. Signature Resources Capital Management LLC acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at about $32,000. Howe & Rusling Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter valued at about $42,000. YHB Investment Advisors Inc. acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at about $44,000. CENTRAL TRUST Co acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at about $48,000. Finally, Mendota Financial Group LLC acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at about $49,000.

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).