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

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) shares saw unusually-strong trading volume on Tuesday . Approximately 523,228 shares were traded during mid-day trading, an increase of 589% from the previous session’s volume of 75,952 shares.The stock last traded at $65.57 and had previously closed at $66.35.

iShares U.S. Small Cap Equity Factor ETF Trading Down 0.9 %

The business’s 50-day simple moving average is $63.97 and its 200-day simple moving average is $62.46. The company has a market cap of $1.11 billion, a PE ratio of 13.60 and a beta of 1.19.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG grew its holdings in iShares U.S. Small Cap Equity Factor ETF by 1.3% during the fourth quarter. UBS Group AG now owns 169,056 shares of the company’s stock valued at $9,944,000 after purchasing an additional 2,243 shares during the last quarter. Private Advisor Group LLC grew its stake in iShares U.S. Small Cap Equity Factor ETF by 11.3% in the 1st quarter. Private Advisor Group LLC now owns 12,930 shares of the company’s stock valued at $822,000 after buying an additional 1,308 shares during the last quarter. Diversified Trust Co bought a new position in iShares U.S. Small Cap Equity Factor ETF in the 1st quarter worth $457,000. ORG Partners LLC acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 2nd quarter worth $91,000. Finally, BNP Paribas Financial Markets acquired a new position in iShares U.S. Small Cap Equity Factor ETF during the 1st quarter worth $267,000.

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).