iShares US Small Cap Value Factor ETF (BATS:SVAL) Stock Pass Above Two Hundred Day Moving Average – What’s Next?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.58 and traded as high as $35.74. iShares US Small Cap Value Factor ETF shares last traded at $35.46, with a volume of 25,851 shares traded.

iShares US Small Cap Value Factor ETF Price Performance

The stock has a market cap of $86.88 million, a PE ratio of 9.52 and a beta of 1.03. The business has a 50 day moving average price of $33.32 and a two-hundred day moving average price of $31.58.

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

Institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC raised its position in iShares US Small Cap Value Factor ETF by 8.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 280,297 shares of the company’s stock valued at $9,995,000 after purchasing an additional 22,282 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of iShares US Small Cap Value Factor ETF during the third quarter valued at approximately $774,000. US Bancorp DE raised its holdings in shares of iShares US Small Cap Value Factor ETF by 78.9% during the third quarter. US Bancorp DE now owns 1,657 shares of the company’s stock valued at $53,000 after acquiring an additional 731 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in iShares US Small Cap Value Factor ETF in the third quarter worth $620,000. Finally, International Assets Investment Management LLC bought a new stake in iShares US Small Cap Value Factor ETF in the second quarter valued at $160,000.

iShares US Small Cap Value Factor ETF Company 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.