Arkadios Wealth Advisors Buys 294 Shares of iShares Focused Value Factor ETF (NYSEARCA:FOVL)

Arkadios Wealth Advisors raised its position in shares of iShares Focused Value Factor ETF (NYSEARCA:FOVL) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,760 shares of the company’s stock after purchasing an additional 294 shares during the period. Arkadios Wealth Advisors owned approximately 1.25% of iShares Focused Value Factor ETF worth $263,000 at the end of the most recent reporting period.

iShares Focused Value Factor ETF Stock Up 0.6 %

NYSEARCA:FOVL opened at $73.14 on Friday. The firm has a market capitalization of $21.94 million, a PE ratio of 8.59 and a beta of 0.95. iShares Focused Value Factor ETF has a twelve month low of $56.84 and a twelve month high of $76.26. The stock’s 50-day simple moving average is $72.22 and its 200 day simple moving average is $68.32.

About iShares Focused Value Factor ETF

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.