iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) Stock Falls 0.2% – Here’s What Happened

iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) dropped 0.2% on Thursday. The company traded as low as $53.41 and last traded at $53.74. 14,303 shares were traded during trading, a decline of 67% from the average session volume of 43,661 shares. The stock had previously closed at $53.86.

iShares International Developed Small Cap Value Factor ETF Trading Down 0.2%

The company has a market capitalization of $48.37 million, a P/E ratio of 12.83 and a beta of 0.81. The stock has a 50 day moving average price of $53.58 and a 200 day moving average price of $51.60.

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

An institutional investor recently raised its stake in iShares International Developed Small Cap Value Factor ETF stock. Crescent Grove Advisors LLC grew its position in shares of iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) by 43.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,355 shares of the company’s stock after purchasing an additional 2,227 shares during the quarter. Crescent Grove Advisors LLC owned approximately 0.82% of iShares International Developed Small Cap Value Factor ETF worth $350,000 as of its most recent SEC filing.

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.