Truist Financial Corp Buys 854 Shares of iShares US Small Cap Value Factor ETF (BATS:SVAL)

Truist Financial Corp boosted its stake in shares of iShares US Small Cap Value Factor ETF (BATS:SVAL) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,912 shares of the company’s stock after purchasing an additional 854 shares during the quarter. Truist Financial Corp’s holdings in iShares US Small Cap Value Factor ETF were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Money Concepts Capital Corp boosted its position in iShares US Small Cap Value Factor ETF by 5.9% during the fourth quarter. Money Concepts Capital Corp now owns 2,140,108 shares of the company’s stock valued at $69,511,000 after purchasing an additional 120,001 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in iShares US Small Cap Value Factor ETF by 12.3% in the fourth quarter. Sanctuary Advisors LLC now owns 314,640 shares of the company’s stock worth $10,477,000 after acquiring an additional 34,343 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares US Small Cap Value Factor ETF in the third quarter worth about $774,000. Ameritas Advisory Services LLC acquired a new stake in iShares US Small Cap Value Factor ETF in the fourth quarter worth about $330,000. Finally, US Bancorp DE boosted its holdings 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 worth $53,000 after acquiring an additional 731 shares in the last quarter.

iShares US Small Cap Value Factor ETF Stock Performance

Shares of BATS SVAL opened at $31.77 on Tuesday. The firm has a market capitalization of $142.97 million, a P/E ratio of 12.35 and a beta of 1.05. The business has a fifty day simple moving average of $32.75 and a 200-day simple moving average of $32.88.

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.