iShares US Small Cap Value Factor ETF (BATS:SVAL) Stock Price Up 0.7% – Should You Buy?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s share price rose 0.7% on Friday . The stock traded as high as $43.69 and last traded at $43.67. Approximately 7,821 shares changed hands during 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 Price Performance

The firm has a market cap of $185.60 million, a P/E ratio of 12.43 and a beta of 1.05. The stock’s 50 day moving average is $42.39 and its two-hundred day moving average is $39.57.

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

Institutional investors have recently added to or reduced their stakes in the stock. Money Concepts Capital Corp acquired a new position in shares of iShares US Small Cap Value Factor ETF in the 1st quarter worth approximately $98,939,000. Tocqueville Asset Management L.P. grew its position in 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 valued at $4,495,000 after acquiring an additional 124,140 shares during the period. Citadel Advisors LLC bought a new position in shares of iShares US Small Cap Value Factor ETF during the third quarter valued at $1,259,000. Bank of America Corp DE boosted its stake in shares of iShares US Small Cap Value Factor ETF by 28.5% in the 2nd quarter. Bank of America Corp DE now owns 152,447 shares of the company’s stock valued at $4,734,000 after purchasing an additional 33,852 shares in the last quarter. Finally, Apeiron RIA LLC acquired a new stake in shares of iShares US Small Cap Value Factor ETF in the 1st quarter valued at $1,082,000.

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.