iShares Focused Value Factor ETF (NYSEARCA:FOVL) Trading Up 0.2% – Here’s What Happened

iShares Focused Value Factor ETF (NYSEARCA:FOVLGet Free Report) shares rose 0.2% during mid-day trading on Friday . The company traded as high as $70.19 and last traded at $70.19. Approximately 3,736 shares changed hands during trading, a decline of 51% from the average daily volume of 7,551 shares. The stock had previously closed at $70.04.

iShares Focused Value Factor ETF Stock Performance

The firm has a market cap of $21.06 million, a P/E ratio of 12.65 and a beta of 1.14. The firm has a 50 day simple moving average of $72.23 and a 200 day simple moving average of $70.58.

Hedge Funds Weigh In On iShares Focused Value Factor ETF

Large investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new position in shares of iShares Focused Value Factor ETF in the fourth quarter worth $247,000. OneDigital Investment Advisors LLC purchased a new stake in iShares Focused Value Factor ETF in the fourth quarter valued at approximately $494,000. Raymond James Financial Inc. purchased a new stake in iShares Focused Value Factor ETF in the fourth quarter valued at approximately $220,000. LPL Financial LLC lifted its position in iShares Focused Value Factor ETF by 3.2% during the fourth quarter. LPL Financial LLC now owns 41,243 shares of the company’s stock valued at $2,886,000 after purchasing an additional 1,295 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in iShares Focused Value Factor ETF by 4.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,128 shares of the company’s stock worth $289,000 after buying an additional 157 shares in the last quarter.

iShares Focused Value Factor ETF Company Profile

(Get Free Report)

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.

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