iShares US Small Cap Value Factor ETF (BATS:SVAL) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its stake in iShares US Small Cap Value Factor ETF (BATS:SVAL) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,784 shares of the company’s stock after selling 958 shares during the period. Raymond James & Associates owned approximately 1.67% of iShares US Small Cap Value Factor ETF worth $1,595,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SVAL. Bank of America Corp DE increased its stake in iShares US Small Cap Value Factor ETF by 959.0% in the 1st quarter. Bank of America Corp DE now owns 265,878 shares of the company’s stock valued at $8,165,000 after purchasing an additional 240,772 shares in the last quarter. Susquehanna International Group LLP increased its position in shares of iShares US Small Cap Value Factor ETF by 420.9% in the fourth quarter. Susquehanna International Group LLP now owns 47,510 shares of the company’s stock valued at $1,337,000 after buying an additional 38,390 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of iShares US Small Cap Value Factor ETF during the 1st quarter worth $1,027,000. Citadel Advisors LLC purchased a new stake in shares of iShares US Small Cap Value Factor ETF in the 3rd quarter worth about $715,000. Finally, Royal Bank of Canada grew its stake in iShares US Small Cap Value Factor ETF by 488.2% in the 2nd quarter. Royal Bank of Canada now owns 27,057 shares of the company’s stock valued at $722,000 after acquiring an additional 22,457 shares during the last quarter.

iShares US Small Cap Value Factor ETF Trading Up 0.9 %

Shares of SVAL opened at $28.44 on Friday. The firm has a market capitalization of $71.10 million, a PE ratio of 9.03 and a beta of 1.14. The business’s 50-day simple moving average is $29.44 and its 200-day simple moving average is $28.60.

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.