iShares US Small Cap Value Factor ETF $SVAL Shares Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp grew its holdings in iShares US Small Cap Value Factor ETF (BATS:SVAL) by 1.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,298,704 shares of the company’s stock after purchasing an additional 38,799 shares during the period. iShares US Small Cap Value Factor ETF comprises 4.8% of Money Concepts Capital Corp’s portfolio, making the stock its 3rd largest holding. Money Concepts Capital Corp owned about 54.09% of iShares US Small Cap Value Factor ETF worth $77,030,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SVAL. Truist Financial Corp raised its holdings in iShares US Small Cap Value Factor ETF by 69.8% in the 2nd quarter. Truist Financial Corp now owns 171,306 shares of the company’s stock worth $5,320,000 after acquiring an additional 70,412 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares US Small Cap Value Factor ETF by 37.1% in the second quarter. Envestnet Asset Management Inc. now owns 35,847 shares of the company’s stock valued at $1,113,000 after buying an additional 9,702 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in iShares US Small Cap Value Factor ETF by 73.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 18,385 shares of the company’s stock worth $571,000 after acquiring an additional 7,805 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares US Small Cap Value Factor ETF by 28.5% in the second quarter. Bank of America Corp DE now owns 152,447 shares of the company’s stock worth $4,734,000 after acquiring an additional 33,852 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in iShares US Small Cap Value Factor ETF by 19.4% in the 1st quarter. Royal Bank of Canada now owns 13,819 shares of the company’s stock valued at $415,000 after acquiring an additional 2,248 shares in the last quarter.

iShares US Small Cap Value Factor ETF Trading Up 12.4%

SVAL opened at $36.73 on Monday. The stock’s fifty day simple moving average is $35.41 and its 200 day simple moving average is $33.88. iShares US Small Cap Value Factor ETF has a 1-year low of $25.81 and a 1-year high of $36.79. The stock has a market cap of $156.12 million, a PE ratio of 12.43 and a beta of 1.05.

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.