Money Concepts Capital Corp Invests $98.94 Million in iShares US Small Cap Value Factor ETF $SVAL

Money Concepts Capital Corp acquired a new stake in iShares US Small Cap Value Factor ETF (BATS:SVAL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,753,087 shares of the company’s stock, valued at approximately $98,939,000. iShares US Small Cap Value Factor ETF accounts for about 5.5% of Money Concepts Capital Corp’s holdings, making the stock its biggest holding. Money Concepts Capital Corp owned 64.78% of iShares US Small Cap Value Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in iShares US Small Cap Value Factor ETF during the 4th quarter worth approximately $59,000. Orion Porfolio Solutions LLC bought a new position in shares of iShares US Small Cap Value Factor ETF during the third quarter valued at $286,000. Goldman Sachs Group Inc. acquired a new position in shares of iShares US Small Cap Value Factor ETF during the fourth quarter worth $307,000. Royal Bank of Canada lifted its holdings in shares of iShares US Small Cap Value Factor ETF by 19.4% during the first quarter. Royal Bank of Canada now owns 13,819 shares of the company’s stock worth $415,000 after purchasing an additional 2,248 shares during the period. Finally, NovaPoint Capital LLC grew its stake in shares of iShares US Small Cap Value Factor ETF by 18.5% in the fourth quarter. NovaPoint Capital LLC now owns 15,397 shares of the company’s stock worth $529,000 after purchasing an additional 2,407 shares during the last quarter.

iShares US Small Cap Value Factor ETF Stock Up 0.6%

Shares of iShares US Small Cap Value Factor ETF stock opened at $41.64 on Friday. The stock has a market cap of $176.97 million, a price-to-earnings ratio of 12.43 and a beta of 1.05. iShares US Small Cap Value Factor ETF has a twelve month low of $30.28 and a twelve month high of $42.21. The company’s fifty day moving average is $40.31 and its 200 day moving average is $38.01.

iShares US Small Cap Value Factor ETF 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.