iShares US Small Cap Value Factor ETF (BATS:SVAL) Shares Pass Above 200-Day Moving Average – Time to Sell?

iShares US Small Cap Value Factor ETF (BATS:SVAL)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.

iShares US Small Cap Value Factor ETF Stock Performance

The stock has a market capitalization of $86.88 million, a PE ratio of 9.52 and a beta of 1.03. The firm has a 50 day moving average of $33.32 and a 200-day moving average of $31.58.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in shares of iShares US Small Cap Value Factor ETF during the 2nd quarter valued at about $160,000. US Bancorp DE lifted its stake in iShares US Small Cap Value Factor ETF by 78.9% in the third quarter. US Bancorp DE now owns 1,657 shares of the company’s stock valued at $53,000 after buying an additional 731 shares in the last quarter. EWG Elevate Inc. boosted its holdings in shares of iShares US Small Cap Value Factor ETF by 7.8% in the second quarter. EWG Elevate Inc. now owns 39,650 shares of the company’s stock valued at $1,158,000 after buying an additional 2,852 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares US Small Cap Value Factor ETF during the second quarter worth $7,542,000. Finally, Jane Street Group LLC acquired a new stake in shares of iShares US Small Cap Value Factor ETF during the third quarter worth $774,000.

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.