iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) Shares Down 0.7% – What’s Next?
by Kim Johansen · The Markets DailyiShares MSCI USA Size Factor ETF (NYSEARCA:SIZE – Get Free Report)’s stock price dropped 0.7% during trading on Monday. The stock traded as low as $174.75 and last traded at $175.53. Approximately 5,998 shares traded hands during trading, an increase of 3% from the average session volume of 5,811 shares. The stock had previously closed at $176.76.
iShares MSCI USA Size Factor ETF Trading Down 0.7%
The firm has a market cap of $421.27 million, a P/E ratio of 21.17 and a beta of 0.96. The company’s 50-day moving average is $181.07 and its two-hundred day moving average is $174.29.
Institutional Trading of iShares MSCI USA Size Factor ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI USA Size Factor ETF by 2.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,564 shares of the company’s stock worth $814,000 after buying an additional 123 shares during the last quarter. G&S Capital LLC increased its holdings in iShares MSCI USA Size Factor ETF by 5.4% during the second quarter. G&S Capital LLC now owns 6,917 shares of the company’s stock worth $1,233,000 after buying an additional 357 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI USA Size Factor ETF by 1.0% during the first quarter. Bank of America Corp DE now owns 510,773 shares of the company’s stock worth $81,448,000 after buying an additional 4,986 shares during the last quarter. Cetera Investment Advisers bought a new stake in iShares MSCI USA Size Factor ETF in the first quarter worth about $209,000. Finally, TKG Advisors LLC bought a new stake in iShares MSCI USA Size Factor ETF in the first quarter worth about $272,000.
iShares MSCI USA Size Factor ETF Company Profile
The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares MSCI USA Size Factor ETF
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?