Steward Partners Investment Advisory LLC Cuts Position in iShares Focused Value Factor ETF (NYSEARCA:FOVL)

Steward Partners Investment Advisory LLC trimmed its position in shares of iShares Focused Value Factor ETF (NYSEARCA:FOVLFree Report) by 52.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,586 shares of the company’s stock after selling 16,135 shares during the period. Steward Partners Investment Advisory LLC owned about 4.17% of iShares Focused Value Factor ETF worth $849,000 at the end of the most recent reporting period.

Separately, Tower Research Capital LLC TRC increased its stake in iShares Focused Value Factor ETF by 23.0% in the third quarter. Tower Research Capital LLC TRC now owns 44,258 shares of the company’s stock valued at $2,228,000 after purchasing an additional 8,276 shares during the last quarter.

iShares Focused Value Factor ETF Stock Down 1.4 %

Shares of iShares Focused Value Factor ETF stock opened at $59.78 on Wednesday. The firm has a market capitalization of $17.94 million, a P/E ratio of 8.59 and a beta of 0.95. iShares Focused Value Factor ETF has a 52 week low of $47.28 and a 52 week high of $63.10. The firm’s 50 day moving average is $60.80 and its two-hundred day moving average is $58.76.

iShares Focused Value Factor ETF Profile

(Free Report)

The iShares Focused Value Factor ETF (FOVL) is an exchange-traded fund that is based on the Focused Value Select index. The fund tracks a tier-weighted index of US listed equities selected using a variety of value factors. FOVL was launched on Mar 19, 2019 and is managed by BlackRock.

See Also

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