Almanack Investment Partners LLC. Has $1.07 Million Holdings in iShares MSCI USA Value Factor ETF $VLUE

Almanack Investment Partners LLC. lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 1.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,419 shares of the company’s stock after selling 151 shares during the quarter. Almanack Investment Partners LLC.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,066,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VLUE. Mullooly Asset Management Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 1st quarter worth $931,211,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 20,677,629 shares of the company’s stock valued at $2,205,269,000 after buying an additional 536,413 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares MSCI USA Value Factor ETF by 717.8% during the 1st quarter. Jones Financial Companies Lllp now owns 232,626 shares of the company’s stock worth $24,810,000 after purchasing an additional 204,181 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 1st quarter worth about $19,632,000. Finally, Royal Bank of Canada increased its position in shares of iShares MSCI USA Value Factor ETF by 313.3% during the 1st quarter. Royal Bank of Canada now owns 239,519 shares of the company’s stock worth $25,544,000 after purchasing an additional 181,562 shares in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 14.5%

Shares of BATS VLUE opened at $122.35 on Monday. The firm’s 50-day moving average is $120.55 and its 200-day moving average is $112.18. iShares MSCI USA Value Factor ETF has a 1 year low of $91.80 and a 1 year high of $116.51. The firm has a market capitalization of $7.21 billion, a PE ratio of 13.34 and a beta of 0.97.

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.