Money Concepts Capital Corp Makes New Investment in iShares US Small Cap Value Factor ETF $SVAL

Money Concepts Capital Corp bought a new stake in iShares US Small Cap Value Factor ETF (BATS:SVAL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,646,704 shares of the company’s stock, valued at approximately $68,045,000. iShares US Small Cap Value Factor ETF accounts for about 3.0% of Money Concepts Capital Corp’s investment portfolio, making the stock its 6th biggest holding. Money Concepts Capital Corp owned 38.75% of iShares US Small Cap Value Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SVAL. Bank of America Corp DE increased its stake in iShares US Small Cap Value Factor ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 158,826 shares of the company’s stock worth $5,708,000 after buying an additional 29,540 shares during the period. B.A. Schrock Wealth Management Inc. acquired a new position in iShares US Small Cap Value Factor ETF in the 3rd quarter worth $2,489,000. Apeiron RIA LLC lifted its holdings in iShares US Small Cap Value Factor ETF by 83.7% in the 3rd quarter. Apeiron RIA LLC now owns 44,588 shares of the company’s stock worth $1,860,000 after buying an additional 20,317 shares in the last quarter. Citadel Advisors LLC lifted its holdings in iShares US Small Cap Value Factor ETF by 50.5% in the 2nd quarter. Citadel Advisors LLC now owns 41,747 shares of the company’s stock worth $1,744,000 after buying an additional 14,006 shares in the last quarter. Finally, Global Assets Advisory LLC boosted its position in iShares US Small Cap Value Factor ETF by 7.5% in the 3rd quarter. Global Assets Advisory LLC now owns 31,051 shares of the company’s stock valued at $1,317,000 after buying an additional 2,153 shares during the last quarter.

iShares US Small Cap Value Factor ETF Price Performance

BATS:SVAL opened at $42.38 on Friday. The firm has a 50-day moving average of $42.49 and a two-hundred day moving average of $40.40. The stock has a market cap of $161.04 million, a P/E ratio of 12.96 and a beta of 0.95. iShares US Small Cap Value Factor ETF has a 1-year low of $31.96 and a 1-year high of $44.28.

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.