iShares US Small Cap Value Factor ETF (BATS:SVAL) Trading Up 8.4% – Time to Buy?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s share price rose 8.4% during trading on Tuesday . The company traded as high as $32.59 and last traded at $35.4050. Approximately 5,737 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 33,827 shares. The stock had previously closed at $32.6719.

iShares US Small Cap Value Factor ETF Price Performance

The company has a market cap of $150.47 million, a PE ratio of 12.43 and a beta of 1.05. The stock’s 50-day moving average is $34.16 and its 200 day moving average is $33.30.

Institutional Investors Weigh In On iShares US Small Cap Value Factor ETF

Large investors have recently modified their holdings of the business. Truist Financial Corp increased its stake in iShares US Small Cap Value Factor ETF by 69.8% during the 2nd quarter. Truist Financial Corp now owns 171,306 shares of the company’s stock valued at $5,320,000 after purchasing an additional 70,412 shares in the last quarter. Prepared Retirement Institute LLC lifted its stake in shares of iShares US Small Cap Value Factor ETF by 5.2% during the second quarter. Prepared Retirement Institute LLC now owns 23,188 shares of the company’s stock worth $720,000 after buying an additional 1,140 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares US Small Cap Value Factor ETF by 37.1% during 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. NovaPoint Capital LLC increased its position in shares of iShares US Small Cap Value Factor ETF by 22.5% in the 2nd quarter. NovaPoint Capital LLC now owns 10,758 shares of the company’s stock valued at $334,000 after acquiring an additional 1,973 shares during the period. Finally, Global Assets Advisory LLC increased its position in shares of iShares US Small Cap Value Factor ETF by 21.1% in the 3rd quarter. Global Assets Advisory LLC now owns 22,920 shares of the company’s stock valued at $768,000 after acquiring an additional 3,992 shares during the period.

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.