Global Assets Advisory LLC Sells 33,158 Shares of iShares US Small Cap Value Factor ETF $SVAL

Global Assets Advisory LLC trimmed its position in shares of iShares US Small Cap Value Factor ETF (BATS:SVAL) by 63.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,928 shares of the company’s stock after selling 33,158 shares during the period. Global Assets Advisory LLC owned approximately 0.45% of iShares US Small Cap Value Factor ETF worth $602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in iShares US Small Cap Value Factor ETF by 4.0% in the first quarter. Private Advisor Group LLC now owns 12,787 shares of the company’s stock valued at $384,000 after acquiring an additional 493 shares during the last quarter. Prepared Retirement Institute LLC increased its stake in shares of iShares US Small Cap Value Factor ETF by 5.2% in the 2nd quarter. Prepared Retirement Institute LLC now owns 23,188 shares of the company’s stock valued at $720,000 after purchasing an additional 1,140 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares US Small Cap Value Factor ETF by 6.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 26,145 shares of the company’s stock worth $784,000 after buying an additional 1,619 shares in the last quarter. NovaPoint Capital LLC raised its holdings in shares of iShares US Small Cap Value Factor ETF by 22.5% during the 2nd quarter. NovaPoint Capital LLC now owns 10,758 shares of the company’s stock worth $334,000 after buying an additional 1,973 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of iShares US Small Cap Value Factor ETF by 19.4% during the 1st quarter. Royal Bank of Canada now owns 13,819 shares of the company’s stock worth $415,000 after buying an additional 2,248 shares during the last quarter.

iShares US Small Cap Value Factor ETF Stock Up 3.1%

iShares US Small Cap Value Factor ETF stock opened at $33.70 on Monday. The stock has a market cap of $143.23 million, a PE ratio of 12.43 and a beta of 1.05. iShares US Small Cap Value Factor ETF has a 12-month low of $25.81 and a 12-month high of $36.79. The business’s 50-day moving average price is $33.12 and its two-hundred day moving average price is $31.10.

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.