Trinity Wealth Management LLC has reduced its holdings in the iShares MSCI USA Size Factor ETF (NYSEARCA: SIZE) by 2.9% during the third quarter, as detailed in its latest Form 13F filing with the U.S. Securities and Exchange Commission (SEC). After selling 3,329 shares, the institutional investor now holds 111,707 shares, which constitutes approximately 6.7% of its investment portfolio, making it the firm’s fifth largest holding.
At the end of the reporting period, Trinity Wealth Management’s stake in the iShares MSCI USA Size Factor ETF was valued at about $17.96 million, representing roughly 4.86% of the total ETF. The fund itself aims to track the performance of large- and mid-cap U.S. stocks, utilizing the MSCI USA Low Size Index as a benchmark.
Several other institutional investors have also adjusted their positions in the iShares MSCI USA Size Factor ETF recently. For instance, during the second quarter, Park Avenue Securities LLC acquired a new stake valued at $491,000. In the same period, PNC Financial Services Group Inc. increased its position by 3.4%, owning 48,190 shares worth approximately $7.45 million after purchasing an additional 1,595 shares.
Additionally, OneAscent Family Office LLC and Strategic Financial Services Inc. made new investments during the second quarter, valued at about $216,000 and $16.01 million, respectively. Atlas Private Wealth Advisors also raised its stake by 5.5%, bringing its total to 1,538 shares worth around $238,000.
Performance Insights of iShares MSCI USA Size Factor ETF
As of Thursday, shares of the iShares MSCI USA Size Factor ETF opened at $162.18. The fund’s performance indicators show a 50-day moving average price of $160.44 and a 200-day moving average price of $158.09. The ETF currently boasts a market capitalization of $373.01 million, a price-to-earnings (P/E) ratio of 21.17, and a beta of 1.02.
Over the past year, the iShares MSCI USA Size Factor ETF has experienced fluctuations, with a twelve-month low of $126.82 and a high of $164.97. Launched on April 16, 2013, the ETF is managed by BlackRock, focusing on holdings weighted by the inverse natural logarithm of their market capitalization.
Investors interested in further details about institutional holdings and transactions related to the iShares MSCI USA Size Factor ETF can visit HoldingsChannel.com for the latest Form 13F filings and insider trades. Additionally, MarketBeat.com offers a daily newsletter summarizing news and analyst ratings related to the ETF and similar investment vehicles.
