Denver PWM LLC Invests $8.07 Million in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Denver PWM LLC bought a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 121,585 shares of the company’s stock, valued at approximately $8,067,000. iShares U.S. Small Cap Equity Factor ETF comprises about 3.0% of Denver PWM LLC’s holdings, making the stock its 13th biggest position. Denver PWM LLC owned 0.72% of iShares U.S. Small Cap Equity Factor ETF at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. ORG Partners LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter valued at about $91,000. S.A. Mason LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth approximately $97,000. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $174,000. Leavell Investment Management Inc. acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth approximately $200,000. Finally, Selective Wealth Management Inc. acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at $203,000.

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

SMLF opened at $71.93 on Friday. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $54.74 and a fifty-two week high of $74.69. The company has a market capitalization of $1.21 billion, a P/E ratio of 13.60 and a beta of 1.19. The firm’s fifty day moving average price is $69.54 and its two-hundred day moving average price is $65.28.

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).