iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) Shares Up 1.6% – Time to Buy?

iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) shares shot up 1.6% on Wednesday . The company traded as high as $52.05 and last traded at $52.05. 36,290 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 67,819 shares. The stock had previously closed at $51.24.

iShares International Developed Small Cap Value Factor ETF Stock Performance

The company has a market cap of $46.85 million, a price-to-earnings ratio of 12.83 and a beta of 0.81. The stock’s fifty day simple moving average is $49.88 and its two-hundred day simple moving average is $48.96.

Hedge Funds Weigh In On iShares International Developed Small Cap Value Factor ETF

A hedge fund recently raised its stake in iShares International Developed Small Cap Value Factor ETF stock. Crescent Grove Advisors LLC lifted its holdings in shares of iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) by 43.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,355 shares of the company’s stock after acquiring an additional 2,227 shares during the quarter. Crescent Grove Advisors LLC owned about 0.82% of iShares International Developed Small Cap Value Factor ETF worth $350,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares International Developed Small Cap Value Factor ETF

The iShares International Developed Small Cap Value Factor ETF (ISVL) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of small-cap value companies selected by a combination of technical and fundamental factors and also weighted by market-cap. ISVL was launched on Mar 23, 2021 and is managed by BlackRock.