iShares Focused Value Factor ETF (NYSEARCA:FOVL) Trading Down 0.7%

iShares Focused Value Factor ETF (NYSEARCA:FOVL)’s share price traded down 0.7% during mid-day trading on Wednesday . The company traded as low as $60.66 and last traded at $60.66. 4 shares were traded during trading, a decline of 100% from the average session volume of 5,720 shares. The stock had previously closed at $61.09.

iShares Focused Value Factor ETF Stock Up 0.5 %

The stock’s 50-day moving average price is $61.21 and its 200 day moving average price is $60.45. The firm has a market capitalization of $18.61 million, a price-to-earnings ratio of 8.59 and a beta of 0.95.

Institutional Investors Weigh In On iShares Focused Value Factor ETF

An institutional investor recently bought a new position in iShares Focused Value Factor ETF stock. Arkadios Wealth Advisors purchased a new position in shares of iShares Focused Value Factor ETF (NYSEARCA:FOVL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,409 shares of the company’s stock, valued at approximately $205,000. Arkadios Wealth Advisors owned 1.14% of iShares Focused Value Factor ETF as of its most recent SEC filing.

About iShares Focused Value Factor ETF

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.