iShares US Small Cap Value Factor ETF (BATS:SVAL) Trading Down 2% – Should You Sell?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s stock price fell 2% during mid-day trading on Monday . The stock traded as low as $37.17 and last traded at $37.46. 24,864 shares traded hands during trading, a decline of 74% from the average session volume of 96,816 shares. The stock had previously closed at $38.21.

iShares US Small Cap Value Factor ETF Trading Down 2.0%

The firm’s 50 day simple moving average is $36.40 and its 200 day simple moving average is $34.57. The firm has a market cap of $159.21 million, a PE ratio of 12.43 and a beta of 1.05.

Hedge Funds Weigh In On iShares US Small Cap Value Factor ETF

Hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF in the fourth quarter valued at about $59,000. TD Waterhouse Canada Inc. bought a new position in iShares US Small Cap Value Factor ETF during the 3rd quarter worth about $61,000. Insigneo Advisory Services LLC purchased a new position in iShares US Small Cap Value Factor ETF during the 3rd quarter valued at about $266,000. Orion Porfolio Solutions LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF in the 3rd quarter valued at about $286,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of iShares US Small Cap Value Factor ETF in the 4th quarter worth approximately $307,000.

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.