iShares US Small Cap Value Factor ETF (BATS:SVAL) Trading 0.2% Higher – Here’s Why

iShares US Small Cap Value Factor ETF (BATS:SVALGet Free Report) shot up 0.2% during mid-day trading on Thursday . The stock traded as high as $39.46 and last traded at $39.44. 6,352 shares traded hands during trading, a decline of 85% from the average session volume of 43,722 shares. The stock had previously closed at $39.37.

iShares US Small Cap Value Factor ETF Stock Performance

The company has a market cap of $168.68 million, a PE ratio of 12.43 and a beta of 1.05. The firm’s 50 day moving average is $37.68 and its 200-day moving average is $36.36.

Institutional Trading of iShares US Small Cap Value Factor ETF

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in iShares US Small Cap Value Factor ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 158,826 shares of the company’s stock valued at $5,708,000 after acquiring an additional 29,540 shares in the last quarter. NovaPoint Capital LLC grew its stake in iShares US Small Cap Value Factor ETF by 7.6% during the 1st quarter. NovaPoint Capital LLC now owns 16,571 shares of the company’s stock valued at $596,000 after acquiring an additional 1,174 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in iShares US Small Cap Value Factor ETF during the 1st quarter valued at about $98,939,000. Apeiron RIA LLC purchased a new stake in iShares US Small Cap Value Factor ETF during the 1st quarter valued at about $1,082,000. Finally, Royal Bank of Canada grew its stake in iShares US Small Cap Value Factor ETF by 1.1% during the 4th 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 in the last quarter.

iShares US Small Cap Value Factor ETF Company Profile

(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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