iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Short Interest Update

iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 35,842 shares, a decrease of 65.7% from the February 26th total of 104,514 shares. Based on an average daily trading volume, of 262,866 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

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 SMLF. Arkadios Wealth Advisors lifted its holdings in shares of iShares U.S. Small Cap Equity Factor ETF by 4.0% during the fourth quarter. Arkadios Wealth Advisors now owns 3,573 shares of the company’s stock worth $268,000 after purchasing an additional 138 shares during the period. Avidian Wealth Enterprises LLC increased its holdings in iShares U.S. Small Cap Equity Factor ETF by 2.2% in the third quarter. Avidian Wealth Enterprises LLC now owns 6,583 shares of the company’s stock valued at $489,000 after purchasing an additional 140 shares during the period. AdvisorNet Financial Inc raised its position in iShares U.S. Small Cap Equity Factor ETF by 4.8% during the 3rd quarter. AdvisorNet Financial Inc now owns 3,126 shares of the company’s stock worth $232,000 after purchasing an additional 144 shares during the last quarter. Dynamic Wealth Strategies LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 0.9% during the 3rd quarter. Dynamic Wealth Strategies LLC now owns 20,583 shares of the company’s stock worth $1,530,000 after buying an additional 181 shares during the period. Finally, Independent Advisor Alliance lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 4.0% during the 4th quarter. Independent Advisor Alliance now owns 5,438 shares of the company’s stock worth $407,000 after buying an additional 210 shares during the period.

iShares U.S. Small Cap Equity Factor ETF Trading Down 1.7%

iShares U.S. Small Cap Equity Factor ETF stock traded down $1.30 during midday trading on Thursday, reaching $74.89. The company’s stock had a trading volume of 211,828 shares, compared to its average volume of 316,380. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $80.72. The business has a 50-day moving average price of $77.87 and a 200-day moving average price of $75.94. The stock has a market cap of $3.16 billion, a PE ratio of 17.17 and a beta of 1.10.

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). SMLF was launched on Apr 28, 2015 and is managed by BlackRock.