iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sees Large Volume Increase – Should You Buy?

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares saw unusually-strong trading volume on Wednesday . Approximately 276,849 shares changed 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 Stock Performance

The firm’s 50-day moving average is $68.01 and its two-hundred day moving average is $68.12. The stock has a market cap of $1.61 billion, a P/E ratio of 16.30 and a beta of 1.13.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. boosted its holdings in iShares U.S. Small Cap Equity Factor ETF by 5.7% in the third quarter. D.A. Davidson & CO. now owns 47,903 shares of the company’s stock valued at $3,178,000 after acquiring an additional 2,595 shares during the last quarter. Cadence Bank bought a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter valued at about $210,000. Captrust Financial Advisors grew its position in shares of iShares U.S. Small Cap Equity Factor ETF by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 6,056 shares of the company’s stock worth $402,000 after buying an additional 1,294 shares during the period. Acropolis Investment Management LLC raised its stake in shares of iShares U.S. Small Cap Equity Factor ETF by 1.8% during the third quarter. Acropolis Investment Management LLC now owns 787,142 shares of the company’s stock worth $52,227,000 after buying an additional 13,677 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 19.9% in the third quarter. Integrated Wealth Concepts LLC now owns 260,190 shares of the company’s stock valued at $17,264,000 after buying an additional 43,160 shares during the period.

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).