362,226 Shares in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) Bought by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC acquired a new stake in iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 362,226 shares of the company’s stock, valued at approximately $24,193,000. iShares U.S. Small Cap Equity Factor ETF accounts for approximately 5.3% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 4th biggest position. Cornerstone Planning Group LLC owned 2.15% of iShares U.S. Small Cap Equity Factor ETF as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the business. Flagship Private Wealth LLC purchased a new position in iShares U.S. Small Cap Equity Factor ETF in the third quarter valued at approximately $277,000. Marks Group Wealth Management Inc purchased a new stake in iShares U.S. Small Cap Equity Factor ETF in the 3rd quarter worth about $580,000. Fox Financial Inc raised its stake in iShares U.S. Small Cap Equity Factor ETF by 27.7% in the 3rd quarter. Fox Financial Inc now owns 210,720 shares of the company’s stock valued at $13,981,000 after acquiring an additional 45,707 shares during the period. ORG Partners LLC purchased a new stake in iShares U.S. Small Cap Equity Factor ETF during the second quarter valued at about $91,000. Finally, Brookstone Capital Management bought a new position in iShares U.S. Small Cap Equity Factor ETF during the third quarter worth about $1,251,000.

iShares U.S. Small Cap Equity Factor ETF Stock Down 1.2 %

NYSEARCA SMLF opened at $71.70 on Wednesday. The company’s 50 day moving average is $66.15 and its 200-day moving average is $63.69. The firm has a market cap of $1.21 billion, a P/E ratio of 13.60 and a beta of 1.19. iShares U.S. Small Cap Equity Factor ETF has a 12-month low of $49.62 and a 12-month high of $72.74.

iShares U.S. Small Cap Equity Factor ETF 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).