Reston Wealth Management LLC Has $16.84 Million Position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Reston Wealth Management LLC boosted its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 249,528 shares of the company’s stock after acquiring an additional 2,283 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF makes up approximately 6.3% of Reston Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Reston Wealth Management LLC owned about 1.48% of iShares U.S. Small Cap Equity Factor ETF worth $16,843,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 135.3% in the third quarter. Jane Street Group LLC now owns 19,742 shares of the company’s stock valued at $1,310,000 after acquiring an additional 11,351 shares during the last quarter. Park Avenue Securities LLC acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 4th quarter valued at about $392,000. Flagship Private Wealth LLC bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at about $277,000. Marks Group Wealth Management Inc acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 3rd quarter worth approximately $580,000. Finally, Fox Financial Inc raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 27.7% during the third quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock worth $13,981,000 after buying an additional 45,707 shares during the last quarter.

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

Shares of NYSEARCA SMLF opened at $70.53 on Thursday. The company’s 50 day simple moving average is $70.44 and its 200 day simple moving average is $67.22. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $57.14 and a fifty-two week high of $74.69. The firm has a market capitalization of $1.19 billion, a P/E ratio of 13.60 and a beta of 1.19.

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).