iShares US Small Cap Value Factor ETF (BATS:SVAL) Shares Up 0.3% – Should You Buy?

iShares US Small Cap Value Factor ETF (BATS:SVALGet Free Report)’s share price were up 0.3% on Friday . The stock traded as high as $42.73 and last traded at $42.73. Approximately 18,528 shares were traded during trading, a decline of 46% from the average daily volume of 34,268 shares. The stock had previously closed at $42.62.

iShares US Small Cap Value Factor ETF Price Performance

The firm has a market cap of $181.60 million, a P/E ratio of 12.43 and a beta of 1.05. The stock’s 50 day moving average is $41.34 and its two-hundred day moving average is $38.82.

Institutional Investors Weigh In On iShares US Small Cap Value Factor ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in shares of iShares US Small Cap Value Factor ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 158,826 shares of the company’s stock worth $5,708,000 after buying an additional 29,540 shares in the last quarter. NovaPoint Capital LLC boosted its stake in iShares US Small Cap Value Factor ETF by 7.6% in the 1st quarter. NovaPoint Capital LLC now owns 16,571 shares of the company’s stock valued at $596,000 after buying an additional 1,174 shares in the last quarter. Money Concepts Capital Corp acquired a new stake in iShares US Small Cap Value Factor ETF in the 1st quarter valued at $98,939,000. Apeiron RIA LLC bought a new stake in iShares US Small Cap Value Factor ETF in the first quarter valued at $1,082,000. Finally, Royal Bank of Canada grew its position in iShares US Small Cap Value Factor ETF by 1.1% in the fourth quarter. Royal Bank of Canada now owns 24,658 shares of the company’s stock valued at $847,000 after acquiring an additional 273 shares during the period.

About iShares US Small Cap Value Factor ETF

(Get Free Report)

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.

Further Reading

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