iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Shares Purchased by Truist Financial Corp

Truist Financial Corp raised its stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 7.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,563 shares of the company’s stock after acquiring an additional 769 shares during the period. Truist Financial Corp owned 0.07% of iShares U.S. Small Cap Equity Factor ETF worth $708,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Pacific Center for Financial Services acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth about $24,098,000. Valmark Advisers Inc. bought a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter valued at approximately $22,149,000. Searcy Financial Services Inc. ADV acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the second quarter worth approximately $21,283,000. Reston Wealth Management LLC acquired a new position in shares of iShares U.S. Small Cap Equity Factor ETF during the first quarter worth approximately $14,541,000. Finally, Fox Financial Inc bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 2nd quarter worth approximately $10,100,000.

iShares U.S. Small Cap Equity Factor ETF Price Performance

Shares of iShares U.S. Small Cap Equity Factor ETF stock opened at $67.30 on Tuesday. iShares U.S. Small Cap Equity Factor ETF has a 1-year low of $47.77 and a 1-year high of $67.37. The business’s fifty day moving average price is $64.38 and its two-hundred day moving average price is $62.72. The company has a market capitalization of $1.13 billion, a P/E ratio of 13.60 and a beta of 1.19.

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).