iShares US Small Cap Value Factor ETF (BATS:SVAL) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $31.83 and traded as high as $35.52. iShares US Small Cap Value Factor ETF shares last traded at $35.27, with a volume of 11,417 shares trading hands.

iShares US Small Cap Value Factor ETF Price Performance

The stock has a market cap of $84.70 million, a price-to-earnings ratio of 9.52 and a beta of 1.03. The business’s 50-day simple moving average is $33.91 and its two-hundred day simple moving average is $31.89.

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

Several hedge funds have recently modified their holdings of SVAL. US Bancorp DE boosted its stake 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 purchasing an additional 731 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in iShares US Small Cap Value Factor ETF during the 2nd quarter worth approximately $160,000. Global Assets Advisory LLC acquired a new stake in iShares US Small Cap Value Factor ETF during the 3rd quarter worth approximately $620,000. Jane Street Group LLC acquired a new position in shares of iShares US Small Cap Value Factor ETF during the third quarter worth $774,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares US Small Cap Value Factor ETF during the second quarter worth $7,542,000.

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.