Ameritas Advisory Services LLC Purchases New Position in iShares Focused Value Factor ETF $FOVL

Ameritas Advisory Services LLC purchased a new stake in iShares Focused Value Factor ETF (NYSEARCA:FOVL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 713 shares of the company’s stock, valued at approximately $51,000. Ameritas Advisory Services LLC owned approximately 0.20% of iShares Focused Value Factor ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Arkadios Wealth Advisors increased its stake in shares of iShares Focused Value Factor ETF by 14.6% in the 1st quarter. Arkadios Wealth Advisors now owns 4,308 shares of the company’s stock valued at $300,000 after purchasing an additional 548 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Focused Value Factor ETF by 83.3% in the 1st quarter. LPL Financial LLC now owns 75,596 shares of the company’s stock worth $5,266,000 after buying an additional 34,353 shares during the last quarter. Finally, Sigma Planning Corp acquired a new stake in iShares Focused Value Factor ETF in the 1st quarter worth about $530,000.

iShares Focused Value Factor ETF Trading Up 0.0%

FOVL stock opened at $73.39 on Monday. iShares Focused Value Factor ETF has a 12-month low of $59.89 and a 12-month high of $76.26. The stock has a market cap of $25.69 million, a price-to-earnings ratio of 13.05 and a beta of 1.13. The business’s 50-day moving average is $73.21 and its 200 day moving average is $70.80.

iShares Focused Value Factor ETF Profile

The iShares Focused Value Factor ETF (FOVL) is an exchange-traded fund that is based on the Focused Value Select index. The fund tracks a tier-weighted index of US listed equities selected using a variety of value factors. FOVL was launched on Mar 19, 2019 and is managed by BlackRock.