Kingsview Wealth Management LLC Cuts Stock Holdings in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

Kingsview Wealth Management LLC reduced its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,537 shares of the company’s stock after selling 584 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $1,031,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SMLF. J.W. Cole Advisors Inc. increased its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 1.4% in the second quarter. J.W. Cole Advisors Inc. now owns 12,804 shares of the company’s stock worth $784,000 after purchasing an additional 177 shares during the last quarter. Western Financial Corp CA increased its stake in iShares U.S. Small Cap Equity Factor ETF by 7.5% in the 2nd quarter. Western Financial Corp CA now owns 3,514 shares of the company’s stock worth $215,000 after acquiring an additional 245 shares during the last quarter. GEM Asset Management LLC increased its stake in iShares U.S. Small Cap Equity Factor ETF by 0.4% in the 2nd quarter. GEM Asset Management LLC now owns 63,411 shares of the company’s stock worth $3,881,000 after acquiring an additional 282 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 2.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,872 shares of the company’s stock worth $788,000 after acquiring an additional 309 shares in the last quarter. Finally, Wade Financial Advisory Inc boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 0.6% during the 3rd quarter. Wade Financial Advisory Inc now owns 58,101 shares of the company’s stock valued at $3,855,000 after acquiring an additional 325 shares during the last quarter.

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

SMLF stock opened at $73.67 on Wednesday. The firm has a fifty day moving average price of $67.96 and a 200 day moving average price of $64.49. iShares U.S. Small Cap Equity Factor ETF has a fifty-two week low of $52.15 and a fifty-two week high of $74.69. The firm has a market cap of $1.24 billion, a PE 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).