iShares Focused Value Factor ETF (NYSEARCA:FOVL) Trading 0% Higher – Time to Buy?

iShares Focused Value Factor ETF (NYSEARCA:FOVLGet Free Report) shares rose 0% during mid-day trading on Tuesday . The stock traded as high as $73.40 and last traded at $73.39. Approximately 1,404 shares were traded during trading, a decline of 72% from the average daily volume of 5,082 shares. The stock had previously closed at $73.38.

iShares Focused Value Factor ETF Price Performance

The company’s 50 day moving average price is $73.39 and its two-hundred day moving average price is $73.18. The stock has a market capitalization of $25.69 million, a PE ratio of 13.05 and a beta of 1.13.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. raised its stake in iShares Focused Value Factor ETF by 16.2% during the second quarter. Raymond James Financial Inc. now owns 3,349 shares of the company’s stock worth $241,000 after purchasing an additional 466 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of iShares Focused Value Factor ETF in the 2nd quarter valued at approximately $51,000. Arkadios Wealth Advisors increased its holdings in shares of iShares Focused Value Factor ETF by 16.7% during the 2nd quarter. Arkadios Wealth Advisors now owns 5,026 shares of the company’s stock worth $362,000 after buying an additional 718 shares during the last quarter. Saxony Capital Management LLC acquired a new stake in shares of iShares Focused Value Factor ETF during the 2nd quarter worth approximately $310,000. Finally, Sigma Planning Corp raised its position in shares of iShares Focused Value Factor ETF by 58.4% during the 2nd quarter. Sigma Planning Corp now owns 12,046 shares of the company’s stock valued at $867,000 after buying an additional 4,442 shares during the period.

About iShares Focused Value Factor ETF

(Get Free Report)

The iShares Focused Value Factor ETF (FOVL) is an exchange-traded fund that is based on the Focused Value Select index. The fund tracks a tier-weighted index of US listed equities selected using a variety of value factors. FOVL was launched on Mar 19, 2019 and is managed by BlackRock.

Further Reading

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