iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Reaches New 1-Year High – Here’s What Happened

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.65 and last traded at $70.31, with a volume of 10192 shares traded. The stock had previously closed at $67.59.

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

The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. The company has a 50-day moving average price of $65.62 and a 200-day moving average price of $63.37.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Several large investors have recently bought and sold shares of SMLF. S.A. Mason LLC bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the third quarter worth about $97,000. ORG Partners LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth approximately $91,000. O Shaughnessy Asset Management LLC lifted its stake in iShares U.S. Small Cap Equity Factor ETF by 34.3% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,883 shares of the company’s stock valued at $120,000 after buying an additional 481 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at approximately $174,000. Finally, Leavell Investment Management Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the third quarter worth $200,000.

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).