Clearwater Capital Advisors LLC Cuts Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Clearwater Capital Advisors LLC lowered its holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 0.1% in the second quarter, Holdings Channel reports. The firm owned 455,822 shares of the company’s stock after selling 644 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF comprises about 3.0% of Clearwater Capital Advisors LLC’s holdings, making the stock its 9th biggest position. Clearwater Capital Advisors LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $27,901,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMA Wealth Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the 4th quarter worth about $1,599,000. UBS Group AG grew its stake in iShares U.S. Small Cap Equity Factor ETF by 1.3% in the fourth quarter. UBS Group AG now owns 169,056 shares of the company’s stock valued at $9,944,000 after purchasing an additional 2,243 shares in the last quarter. D.A. Davidson & CO. grew its stake in iShares U.S. Small Cap Equity Factor ETF by 5.9% in the fourth quarter. D.A. Davidson & CO. now owns 43,229 shares of the company’s stock valued at $2,543,000 after purchasing an additional 2,426 shares in the last quarter. Strategic Financial Services Inc increased its position in shares of iShares U.S. Small Cap Equity Factor ETF by 0.4% during the 4th quarter. Strategic Financial Services Inc now owns 3,892,016 shares of the company’s stock worth $228,928,000 after purchasing an additional 14,470 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 3.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,123,867 shares of the company’s stock worth $66,106,000 after purchasing an additional 34,564 shares in the last quarter.

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

Shares of NYSEARCA:SMLF traded down $0.94 during midday trading on Friday, hitting $62.00. The stock had a trading volume of 34,894 shares, compared to its average volume of 75,026. The company has a market cap of $1.04 billion, a P/E ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a 12 month low of $47.77 and a 12 month high of $66.75. The business’s 50-day simple moving average is $63.11 and its 200-day simple moving average is $62.03.

iShares U.S. Small Cap Equity Factor ETF 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).