Money Concepts Capital Corp Invests $98.94 Million in iShares US Small Cap Value Factor ETF $SVAL

Money Concepts Capital Corp purchased a new position in iShares US Small Cap Value Factor ETF (BATS:SVAL) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,753,087 shares of the company’s stock, valued at approximately $98,939,000. iShares US Small Cap Value Factor ETF makes up 5.5% of Money Concepts Capital Corp’s investment portfolio, making the stock its largest holding. Money Concepts Capital Corp owned approximately 0.65% of iShares US Small Cap Value Factor ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SVAL. International Assets Investment Management LLC purchased a new position in iShares US Small Cap Value Factor ETF in the fourth quarter worth about $59,000. Orion Porfolio Solutions LLC bought a new position in shares of iShares US Small Cap Value Factor ETF in the third quarter worth approximately $286,000. Goldman Sachs Group Inc. purchased a new stake in shares of iShares US Small Cap Value Factor ETF during the fourth quarter valued at approximately $307,000. Royal Bank of Canada grew its holdings in shares of iShares US Small Cap Value Factor ETF by 19.4% during the first quarter. Royal Bank of Canada now owns 13,819 shares of the company’s stock valued at $415,000 after buying an additional 2,248 shares during the last quarter. Finally, NovaPoint Capital LLC increased its position in shares of iShares US Small Cap Value Factor ETF by 18.5% during the fourth quarter. NovaPoint Capital LLC now owns 15,397 shares of the company’s stock valued at $529,000 after acquiring an additional 2,407 shares in the last quarter.

iShares US Small Cap Value Factor ETF Stock Up 0.6%

Shares of BATS SVAL opened at $41.64 on Friday. iShares US Small Cap Value Factor ETF has a twelve month low of $30.28 and a twelve month high of $42.21. The firm has a market cap of $176.97 million, a P/E ratio of 12.43 and a beta of 1.05. The company has a 50 day moving average of $40.31 and a 200 day moving average of $38.01.

iShares US Small Cap Value Factor ETF 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.