GEM Asset Management LLC Purchases 7,113 Shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)

GEM Asset Management LLC boosted its position in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 70,806 shares of the company’s stock after purchasing an additional 7,113 shares during the quarter. iShares U.S. Small Cap Equity Factor ETF comprises approximately 2.7% of GEM Asset Management LLC’s investment portfolio, making the stock its 9th largest position. GEM Asset Management LLC owned about 0.42% of iShares U.S. Small Cap Equity Factor ETF worth $4,779,000 at the end of the most recent quarter.

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

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.5 %

iShares U.S. Small Cap Equity Factor ETF stock opened at $69.91 on Wednesday. The company has a 50-day moving average price of $69.97 and a 200 day moving average price of $67.62. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $57.87 and a 12-month high of $74.69. The stock has a market cap of $1.18 billion, a P/E 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).