iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) Stock Price Down 7.2% – Here’s What Happened

iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) dropped 7.2% during mid-day trading on Thursday . The company traded as low as $37.64 and last traded at $35.12. Approximately 1,203 shares traded hands during trading, a decline of 78% from the average daily volume of 5,367 shares. The stock had previously closed at $37.84.

iShares International Developed Small Cap Value Factor ETF Price Performance

The stock has a market cap of $25.39 million, a P/E ratio of 11.74 and a beta of 0.81. The company’s 50 day simple moving average is $36.40 and its 200 day simple moving average is $35.92.

Institutional Trading of iShares International Developed Small Cap Value Factor ETF

An institutional investor recently raised its position in iShares International Developed Small Cap Value Factor ETF stock. JPMorgan Chase & Co. grew its holdings in shares of iShares International Developed Small Cap Value Factor ETF (BATS:ISVL) by 300.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 961 shares of the company’s stock after buying an additional 721 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares International Developed Small Cap Value Factor ETF were worth $36,000 at the end of the most recent reporting period.

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.