Concord Wealth Partners Buys 246 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Concord Wealth Partners boosted its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 126.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 441 shares of the company’s stock after purchasing an additional 246 shares during the quarter. Concord Wealth Partners’ holdings in iShares U.S. Small Cap Equity Factor ETF were worth $30,000 as of its most recent SEC filing.

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

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

NYSEARCA:SMLF opened at $70.44 on Monday. The business’s 50-day simple moving average is $70.38 and its 200-day simple moving average is $67.33. 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 stock has a market capitalization of $1.19 billion, a PE ratio of 13.60 and a beta of 1.19.

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).