iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Unusually-High Trading Volume – Still a Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares saw strong trading volume on Tuesday . 389,335 shares were traded during trading, an increase of 220% from the previous session’s volume of 121,607 shares.The stock last traded at $56.75 and had previously closed at $55.63.

iShares U.S. Small Cap Equity Factor ETF Stock Down 4.4 %

The firm has a 50-day moving average price of $64.54 and a two-hundred day moving average price of $67.60. The firm has a market cap of $1.59 billion, a PE ratio of 16.34 and a beta of 1.13.

Institutional Investors Weigh In On iShares U.S. Small Cap Equity Factor ETF

Hedge funds have recently modified their holdings of the business. Atria Wealth Solutions Inc. lifted its position in iShares U.S. Small Cap Equity Factor ETF by 6.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 5,357 shares of the company’s stock worth $362,000 after buying an additional 333 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 4th quarter worth $392,000. Jane Street Group LLC raised its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 135.3% during 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 period. Blue Trust Inc. boosted its position in shares of iShares U.S. Small Cap Equity Factor ETF by 7,494.4% during the 4th quarter. Blue Trust Inc. now owns 1,367 shares of the company’s stock valued at $92,000 after acquiring an additional 1,349 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the fourth quarter valued at about $31,691,000.

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).