iShares US Small Cap Value Factor ETF (BATS:SVAL) Stock Price Up 0.7% – Here’s What Happened

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s stock price traded up 0.7% during mid-day trading on Friday . The company traded as high as $43.69 and last traded at $43.67. Approximately 7,821 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 32,111 shares. The stock had previously closed at $43.38.

iShares US Small Cap Value Factor ETF Stock Up 0.7%

The stock has a market capitalization of $185.60 million, a PE ratio of 12.43 and a beta of 1.05. The company has a 50-day moving average of $42.39 and a 200 day moving average of $39.57.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in SVAL. International Assets Investment Management LLC purchased a new stake in shares of iShares US Small Cap Value Factor ETF during the fourth quarter worth $59,000. Orion Porfolio Solutions LLC purchased a new position in shares of iShares US Small Cap Value Factor ETF in the third quarter worth about $286,000. Goldman Sachs Group Inc. acquired a new position in iShares US Small Cap Value Factor ETF during the fourth quarter worth about $307,000. Royal Bank of Canada boosted its position in 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 acquiring an additional 2,248 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in iShares US Small Cap Value Factor ETF by 24.7% during the 3rd quarter. Private Advisor Group LLC now owns 15,901 shares of the company’s stock valued at $533,000 after acquiring an additional 3,145 shares in the last quarter.

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.