Avantax Advisory Services Inc. Reduces Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Avantax Advisory Services Inc. decreased its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) by 13.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,183 shares of the company’s stock after selling 2,040 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,334,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Matson Money. Inc. increased its position in iShares MSCI USA Value Factor ETF by 10.5% in the 4th quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock valued at $404,098,000 after acquiring an additional 378,602 shares during the period. Wharton Business Group LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 35.0% during the third quarter. Wharton Business Group LLC now owns 1,206,737 shares of the company’s stock worth $109,475,000 after purchasing an additional 312,877 shares during the last quarter. Modera Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter worth approximately $81,771,000. International Assets Investment Management LLC acquired a new position in iShares MSCI USA Value Factor ETF in the 4th quarter valued at $44,024,000. Finally, State of Michigan Retirement System lifted its stake in shares of iShares MSCI USA Value Factor ETF by 9.7% in the 4th quarter. State of Michigan Retirement System now owns 323,500 shares of the company’s stock worth $32,725,000 after acquiring an additional 28,700 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 0.1 %

Shares of iShares MSCI USA Value Factor ETF stock opened at $104.67 on Friday. The firm has a market cap of $7.07 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The company’s 50-day simple moving average is $104.17 and its 200-day simple moving average is $100.38.

iShares MSCI USA Value Factor ETF Company Profile

(Free Report)

The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector.

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Institutional Ownership by Quarter for iShares MSCI USA Value Factor ETF (BATS:VLUE)

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