Farther Finance Advisors LLC has significantly increased its investment in the iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF), enhancing its stake by 42.3% during the third quarter of 2023. According to a report by Holdings Channel, the firm now owns 53,049 shares of the ETF after acquiring an additional 15,782 shares during this period. As of the latest filing with the U.S. Securities and Exchange Commission, the total value of Farther Finance Advisors’ holdings in the ETF amounts to approximately $2.18 million.
Several other institutional investors have also made adjustments to their positions in the iShares ETF. For instance, Financial Freedom LLC raised its stake by 12.7% in the second quarter, bringing its total holdings to 30,477 shares, valued at around $1.18 million. Similarly, Arkadios Wealth Advisors increased its investment by 20.5%, securing 10,798 shares worth approximately $419,000 after purchasing an additional 1,836 shares in the last quarter.
In a notable move, Thurston Springer Miller Herd & Titak Inc. boosted its stake by an impressive 597.8% during the same quarter, now owning 30,787 shares valued at about $1.19 million following the acquisition of 26,375 shares.
Current Performance and Overview of the ETF
On the market, iShares International Small Cap Equity Factor ETF opened at $41.72 on Friday. The ETF has a market capitalization of $542.36 million, a price-to-earnings ratio of 13.31, and a beta of 0.84. Over the past year, the ETF has experienced fluctuations, with a low of $29.88 and a high of $41.98. Its 50-day moving average stands at $40.81, while the 200-day moving average is $40.13.
The iShares International Small Cap Equity Factor ETF primarily invests in small-cap stocks, targeting an index of international firms in developed markets outside the United States. The fund aims to enhance exposure to four key investment factors: quality, value, momentum, and low volatility. Managed by BlackRock, the ETF was launched on April 28, 2015.
Investors interested in the iShares ETF can stay updated on the latest movements and insights by visiting Holdings Channel for comprehensive filings and trades.
