iShares Focused Value Factor ETF (NYSEARCA:FOVL) Shares Up 0.3%

iShares Focused Value Factor ETF (NYSEARCA:FOVL)’s share price rose 0.3% on Monday . The stock traded as high as $67.94 and last traded at $67.92. Approximately 342 shares changed hands during trading, a decline of 93% from the average daily volume of 5,153 shares. The stock had previously closed at $67.73.

iShares Focused Value Factor ETF Stock Up 0.3 %

The stock has a fifty day moving average price of $64.40 and a two-hundred day moving average price of $61.88. The company has a market capitalization of $20.38 million, a price-to-earnings ratio of 8.59 and a beta of 0.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Focused Value Factor ETF stock. Arkadios Wealth Advisors acquired a new position in shares of iShares Focused Value Factor ETF (NYSEARCA:FOVL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,409 shares of the company’s stock, valued at approximately $205,000. Arkadios Wealth Advisors owned about 1.14% of iShares Focused Value Factor ETF as of its most recent SEC filing.

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.