iShares US Small Cap Value Factor ETF $SVAL Stock: NovaPoint Capital LLC Grows Position

NovaPoint Capital LLC increased its stake in iShares US Small Cap Value Factor ETF (BATS:SVAL) by 96.6% in the third quarter, HoldingsChannel reports. The fund owned 24,017 shares of the company’s stock after purchasing an additional 11,799 shares during the period. NovaPoint Capital LLC’s holdings in iShares US Small Cap Value Factor ETF were worth $992,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. B.A. Schrock Wealth Management Inc. bought a new position in iShares US Small Cap Value Factor ETF during the 3rd quarter worth approximately $2,489,000. Apeiron RIA LLC boosted its stake in shares of iShares US Small Cap Value Factor ETF by 83.7% during the third quarter. Apeiron RIA LLC now owns 44,588 shares of the company’s stock valued at $1,860,000 after purchasing an additional 20,317 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares US Small Cap Value Factor ETF during the second quarter valued at approximately $260,000. NewEdge Advisors LLC grew its holdings in shares of iShares US Small Cap Value Factor ETF by 9,811.3% in the second quarter. NewEdge Advisors LLC now owns 5,253 shares of the company’s stock worth $219,000 after purchasing an additional 5,200 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of iShares US Small Cap Value Factor ETF by 50.5% in the second quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock worth $1,744,000 after purchasing an additional 14,006 shares during the last quarter.

iShares US Small Cap Value Factor ETF Stock Performance

Shares of BATS SVAL traded up $0.17 during mid-day trading on Friday, hitting $43.04. The stock had a trading volume of 32,428 shares, compared to its average volume of 36,066. iShares US Small Cap Value Factor ETF has a 1 year low of $31.96 and a 1 year high of $44.28. The business has a 50 day moving average price of $42.67 and a two-hundred day moving average price of $41.37. The firm has a market cap of $182.92 million, a P/E ratio of 12.43 and a beta of 1.05.

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.