iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Sets New 52-Week High at $66.89

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $66.89 and last traded at $66.55, with a volume of 2258 shares trading hands. The stock had previously closed at $65.42.

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

The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 13.60 and a beta of 1.19. The business’s 50 day moving average price is $63.74 and its 200-day moving average price is $62.27.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Pacific Center for Financial Services purchased a new position in shares of iShares U.S. Small Cap Equity Factor ETF in the 1st quarter valued at about $24,098,000. Valmark Advisers Inc. purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $22,149,000. Searcy Financial Services Inc. ADV purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the second quarter valued at about $21,283,000. Reston Wealth Management LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 1st quarter valued at approximately $14,541,000. Finally, Fox Financial Inc purchased a new stake in shares of iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth approximately $10,100,000.

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).