Private Advisor Group LLC Reduces Stock Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Private Advisor Group LLC lowered its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 14.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,337 shares of the company’s stock after selling 2,664 shares during the quarter. Private Advisor Group LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,620,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VLUE. Wharton Business Group LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 15.6% in the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after purchasing an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $5,920,000. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $4,466,000. Nomura Asset Management Co. Ltd. purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $3,664,000. Finally, Mason Investment Advisory Services Inc. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 0.4% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after acquiring an additional 19,941 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $110.96 on Thursday. The company’s fifty day simple moving average is $108.90 and its 200-day simple moving average is $108.95. The stock has a market capitalization of $7.46 billion, a PE ratio of 16.17 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

About iShares MSCI USA Value Factor ETF

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.