M.E. Allison & CO. Inc. Purchases New Holdings in iShares Focused Value Factor ETF (NYSEARCA:FOVL)

M.E. Allison & CO. Inc. purchased a new position in iShares Focused Value Factor ETF (NYSEARCA:FOVL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,870 shares of the company’s stock, valued at approximately $341,000. M.E. Allison & CO. Inc. owned approximately 1.62% of iShares Focused Value Factor ETF as of its most recent SEC filing.

Separately, Commonwealth Equity Services LLC bought a new stake in shares of iShares Focused Value Factor ETF during the 2nd quarter valued at $256,000.

iShares Focused Value Factor ETF Stock Performance

Shares of NYSEARCA FOVL opened at $72.74 on Monday. iShares Focused Value Factor ETF has a fifty-two week low of $55.74 and a fifty-two week high of $76.26. The business has a 50-day simple moving average of $72.22 and a two-hundred day simple moving average of $68.10. The company has a market cap of $21.82 million, a PE ratio of 8.59 and a beta of 0.95.

iShares Focused Value Factor ETF Company Profile

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.