iShares US Small Cap Value Factor ETF (BATS:SVAL) Trading Up 1.4% – Should You Buy?

iShares US Small Cap Value Factor ETF (BATS:SVAL) were up 1.4% during trading on Thursday . The stock traded as high as $39.20 and last traded at $39.16. Approximately 8,849 shares were traded during trading, a decline of 82% from the average daily volume of 49,082 shares. The stock had previously closed at $38.62.

iShares US Small Cap Value Factor ETF Trading Up 1.4%

The stock has a market capitalization of $166.43 million, a PE ratio of 12.43 and a beta of 1.05. The firm’s fifty day moving average is $37.11 and its 200-day moving average is $35.76.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Money Concepts Capital Corp boosted its stake in iShares US Small Cap Value Factor ETF by 1.7% during the third quarter. Money Concepts Capital Corp now owns 2,298,704 shares of the company’s stock worth $77,030,000 after buying an additional 38,799 shares during the period. Global Assets Advisory LLC boosted its stake in iShares US Small Cap Value Factor ETF by 21.1% during the third quarter. Global Assets Advisory LLC now owns 22,920 shares of the company’s stock worth $768,000 after buying an additional 3,992 shares during the period. Prepared Retirement Institute LLC boosted its stake in iShares US Small Cap Value Factor ETF by 19.6% during the third quarter. Prepared Retirement Institute LLC now owns 27,732 shares of the company’s stock worth $929,000 after buying an additional 4,544 shares during the period. Goldman Sachs Group Inc. purchased a new position in iShares US Small Cap Value Factor ETF during the fourth quarter worth about $307,000. Finally, Orion Porfolio Solutions LLC purchased a new position in iShares US Small Cap Value Factor ETF during the third quarter worth about $286,000.

iShares US Small Cap Value Factor ETF Company Profile

The iShares US Small Cap Value Factor ETF (SVAL) is an exchange-traded fund that is based on the Russell 2000 Focused Value Select index. The fund tracks an equally-weighted index of small-cap value companies selected by multiple factors. SVAL was launched on Oct 27, 2020 and is managed by BlackRock.