Truist Financial Corp Has $2.71 Million Position in iShares US Small Cap Value Factor ETF (BATS:SVAL)

Truist Financial Corp decreased its holdings in shares of iShares US Small Cap Value Factor ETF (BATS:SVAL) by 1.9% in the 4th quarter, HoldingsChannel reports. The firm owned 87,895 shares of the company’s stock after selling 1,703 shares during the period. Truist Financial Corp’s holdings in iShares US Small Cap Value Factor ETF were worth $2,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Wealth Effects LLC acquired a new stake in iShares US Small Cap Value Factor ETF in the 4th quarter worth about $288,000. Tower Research Capital LLC TRC boosted its stake in shares of iShares US Small Cap Value Factor ETF by 78.0% in the third quarter. Tower Research Capital LLC TRC now owns 32,441 shares of the company’s stock valued at $856,000 after buying an additional 14,218 shares during the period. Synergy Asset Management LLC bought a new position in iShares US Small Cap Value Factor ETF during the 4th quarter worth $4,259,000. Finally, International Assets Investment Management LLC acquired a new position in iShares US Small Cap Value Factor ETF in the 4th quarter valued at $5,536,000.

iShares US Small Cap Value Factor ETF Stock Up 0.4 %

Shares of BATS SVAL opened at $29.86 on Thursday. The company has a market capitalization of $74.65 million, a PE ratio of 9.15 and a beta of 1.10. The stock has a 50 day moving average of $29.42 and a two-hundred day moving average of $28.92.

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.