iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Volume Increase – Here’s What Happened

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares saw unusually-strong trading volume on Wednesday . Approximately 276,849 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 107,996 shares.The stock last traded at $62.90 and had previously closed at $63.56.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.7 %

The firm has a market cap of $1.61 billion, a P/E ratio of 16.30 and a beta of 1.13. The company’s 50-day moving average is $67.82 and its two-hundred day moving average is $68.06.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SMLF. Concord Wealth Partners grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 126.2% during the fourth quarter. Concord Wealth Partners now owns 441 shares of the company’s stock worth $30,000 after buying an additional 246 shares in the last quarter. Morse Asset Management Inc bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $38,000. Blue Trust Inc. grew its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 7,494.4% in the 4th quarter. Blue Trust Inc. now owns 1,367 shares of the company’s stock worth $92,000 after acquiring an additional 1,349 shares in the last quarter. JFS Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at about $125,000. Finally, Capital Analysts LLC boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 3,808.0% during the fourth quarter. Capital Analysts LLC now owns 1,954 shares of the company’s stock worth $132,000 after purchasing an additional 1,904 shares during the last quarter.

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).