Trinity Wealth Management LLC has decreased its holdings in the iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 2.9% during the third quarter, as reported in its recent Form 13F filing with the U.S. Securities and Exchange Commission (SEC). Following this adjustment, the firm now holds 111,707 shares, having sold 3,329 shares during the reporting period. The iShares MSCI USA Size Factor ETF represents approximately 6.7% of Trinity’s investment portfolio, ranking as its fifth largest holding. At the end of the last reporting period, Trinity’s investment in the ETF was valued at around $17.96 million, accounting for about 4.86% of the ETF’s total shares.
Several other institutional investors have also modified their positions in the iShares MSCI USA Size Factor ETF recently. Notably, Park Avenue Securities LLC initiated a new stake in the ETF during the second quarter with an investment of $491,000. Additionally, PNC Financial Services Group Inc. increased its position by 3.4%, acquiring 48,190 shares worth approximately $7.45 million after purchasing an extra 1,595 shares in the same quarter.
OneAscent Family Office LLC entered the market with a new position valued at about $216,000, while Strategic Financial Services Inc. acquired a significant stake worth approximately $16.01 million. Atlas Private Wealth Advisors also expanded its holdings by 5.5%, now owning 1,538 shares worth around $238,000 after acquiring an additional 80 shares.
Stock Performance and Overview
As of Thursday, shares of the iShares MSCI USA Size Factor ETF opened at $162.18. The ETF has a 50-day moving average of $160.44 and a 200-day moving average of $158.09. The fund boasts a market capitalization of $373.01 million, a price-to-earnings (P/E) ratio of 21.17, and a beta of 1.02. The ETF has experienced a twelve-month low of $126.82 and a high of $164.97.
The iShares MSCI USA Size Factor ETF tracks an index of large- and mid-cap U.S. stocks, specifically based on the MSCI USA Low Size Index. This exchange-traded fund, launched on April 16, 2013, is managed by BlackRock, one of the largest investment management firms globally.
Investors interested in the iShares MSCI USA Size Factor ETF can stay updated on the latest developments, including hedge fund positions and insider trades, by visiting resources like HoldingsChannel.com. Additionally, MarketBeat.com offers a daily newsletter summarizing news and analysts’ ratings related to the ETF and its competitors.
