iShares US Small Cap Value Factor ETF (BATS:SVAL) Short Interest Update

iShares US Small Cap Value Factor ETF (BATS:SVAL) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 33,065 shares, a decrease of 37.6% from the August 15th total of 52,961 shares. Based on an average daily volume of 14,822 shares, the short-interest ratio is presently 2.2 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Trading of iShares US Small Cap Value Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in iShares US Small Cap Value Factor ETF by 9,811.3% in the second quarter. NewEdge Advisors LLC now owns 5,253 shares of the company’s stock valued at $219,000 after acquiring an additional 5,200 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in iShares US Small Cap Value Factor ETF during the second quarter worth about $260,000. NovaPoint Capital LLC increased its stake in iShares US Small Cap Value Factor ETF by 7.6% during the first quarter. NovaPoint Capital LLC now owns 16,571 shares of the company’s stock worth $596,000 after acquiring an additional 1,174 shares during the last quarter. Global Assets Advisory LLC raised its holdings in shares of iShares US Small Cap Value Factor ETF by 8.8% in the 4th quarter. Global Assets Advisory LLC now owns 24,943 shares of the company’s stock worth $856,000 after purchasing an additional 2,023 shares during the period. Finally, Apeiron RIA LLC purchased a new position in shares of iShares US Small Cap Value Factor ETF in the 1st quarter worth about $1,082,000.

iShares US Small Cap Value Factor ETF Stock Down 0.7%

BATS:SVAL opened at $42.73 on Wednesday. The company has a market cap of $181.60 million, a P/E ratio of 12.43 and a beta of 1.05. iShares US Small Cap Value Factor ETF has a fifty-two week low of $31.96 and a fifty-two week high of $44.28. The firm’s 50 day moving average is $43.08 and its two-hundred day moving average is $40.23.

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.