iShares US Small Cap Value Factor ETF (BATS:SVAL) Stock Price Up 0.1% – Still a Buy?

iShares US Small Cap Value Factor ETF (BATS:SVAL) were up 0.1% on Tuesday . The company traded as high as $35.67 and last traded at $35.47. Approximately 5,780 shares traded hands during trading, a decline of 92% from the average daily volume of 70,492 shares. The stock had previously closed at $35.45.

iShares US Small Cap Value Factor ETF Trading Up 0.1%

The stock has a 50-day simple moving average of $36.97 and a 200-day simple moving average of $34.99. The company has a market capitalization of $150.75 million, a price-to-earnings ratio of 12.43 and a beta of 1.05.

Institutional Trading of iShares US Small Cap Value Factor ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Money Concepts Capital Corp boosted its stake in iShares US Small Cap Value Factor ETF by 1.7% during the 3rd quarter. Money Concepts Capital Corp now owns 2,298,704 shares of the company’s stock valued at $77,030,000 after acquiring an additional 38,799 shares during the last quarter. Bank of America Corp DE increased its position 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 worth $4,734,000 after purchasing an additional 33,852 shares during the last quarter. Tocqueville Asset Management L.P. increased its position in shares of iShares US Small Cap Value Factor ETF by 1,241.4% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 134,140 shares of the company’s stock worth $4,495,000 after purchasing an additional 124,140 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares US Small Cap Value Factor ETF by 14.4% in the 4th quarter. LPL Financial LLC now owns 38,757 shares of the company’s stock valued at $1,331,000 after purchasing an additional 4,865 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of iShares US Small Cap Value Factor ETF in the 3rd quarter valued at about $1,259,000.

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.