iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Reaches New 12-Month High – Should You Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)’s share price hit a new 52-week high on Friday . The stock traded as high as $72.91 and last traded at $72.91, with a volume of 34277 shares. The stock had previously closed at $71.68.

iShares U.S. Small Cap Equity Factor ETF Trading Up 1.8 %

The firm’s 50 day simple moving average is $67.43 and its two-hundred day simple moving average is $64.21. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SMLF. J.W. Cole Advisors Inc. raised its stake in 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 valued at $784,000 after purchasing an additional 177 shares in the last quarter. Western Financial Corp CA raised its position in shares of 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 purchasing an additional 245 shares during the last quarter. GEM Asset Management LLC raised its position in shares of 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 purchasing an additional 282 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake 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 valued at $788,000 after purchasing an additional 309 shares during the period. Finally, Wade Financial Advisory Inc grew its stake 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 period.

iShares U.S. Small Cap Equity Factor ETF Company 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).