iShares US Small Cap Value Factor ETF (BATS:SVAL) Short Interest Update

iShares US Small Cap Value Factor ETF (BATS:SVAL) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 33,065 shares, a drop of 37.6% from the August 15th total of 52,961 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 14,822 shares, the short-interest ratio is currently 2.2 days.

iShares US Small Cap Value Factor ETF Stock Performance

BATS:SVAL opened at $42.73 on Wednesday. iShares US Small Cap Value Factor ETF has a one year low of $31.96 and a one year high of $44.28. The business’s 50-day simple moving average is $43.08 and its 200 day simple moving average is $40.23. The stock has a market cap of $181.60 million, a price-to-earnings ratio of 12.43 and a beta of 1.05.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new position in shares of iShares US Small Cap Value Factor ETF in the 2nd quarter valued at approximately $260,000. NewEdge Advisors LLC boosted its stake in shares of iShares US Small Cap Value Factor ETF by 9,811.3% during the 2nd quarter. NewEdge Advisors LLC now owns 5,253 shares of the company’s stock valued at $219,000 after buying an additional 5,200 shares during the last quarter. Citadel Advisors LLC grew its position in shares of iShares US Small Cap Value Factor ETF by 50.5% during the second quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock worth $1,744,000 after buying an additional 14,006 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares US Small Cap Value Factor ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 158,826 shares of the company’s stock worth $5,708,000 after buying an additional 29,540 shares in the last quarter. Finally, NovaPoint Capital LLC increased its stake in shares of iShares US Small Cap Value Factor ETF by 7.6% in the first quarter. NovaPoint Capital LLC now owns 16,571 shares of the company’s stock worth $596,000 after buying an additional 1,174 shares during the last quarter.

About iShares US Small Cap Value Factor ETF

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.