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

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s share price traded up 0.3% on Friday . The stock traded as high as $42.73 and last traded at $42.73. 18,528 shares changed hands during mid-day 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 Stock Performance

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

Hedge Funds Weigh In On iShares US Small Cap Value Factor ETF

Large investors have recently modified their holdings of the stock. Money Concepts Capital Corp bought a new position in iShares US Small Cap Value Factor ETF in the 1st quarter worth about $98,939,000. Bank of America Corp DE raised its holdings in iShares US Small Cap Value Factor ETF by 22.8% in the first 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 during the last quarter. Tocqueville Asset Management L.P. lifted its stake in shares of iShares US Small Cap Value Factor ETF by 1,241.4% in the third quarter. Tocqueville Asset Management L.P. now owns 134,140 shares of the company’s stock worth $4,495,000 after buying an additional 124,140 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares US Small Cap Value Factor ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 38,757 shares of the company’s stock valued at $1,331,000 after buying an additional 4,865 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of iShares US Small Cap Value Factor ETF during the third quarter valued at approximately $1,259,000.

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.