Avantax Planning Partners Inc. Has $3.51 Million Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Avantax Planning Partners Inc. trimmed its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 11.8% during the fourth quarter, Holdings Channel reports. The firm owned 25,669 shares of the company’s stock after selling 3,425 shares during the quarter. Avantax Planning Partners Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $3,510,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Caisse de depot et placement du Quebec bought a new position in iShares MSCI USA Value Factor ETF during the third quarter worth about $187,061,000. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI USA Value Factor ETF by 2.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 22,160,303 shares of the company’s stock valued at $2,771,146,000 after buying an additional 577,973 shares during the period. Mason Street Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $40,016,000. Marks Wealth LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $34,563,000. Finally, Orion Porfolio Solutions LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after buying an additional 179,630 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 0.2%

Shares of BATS VLUE opened at $184.16 on Friday. The company has a market capitalization of $10.86 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $105.25 and a 12 month high of $186.95. The stock has a 50 day moving average of $155.09 and a 200-day moving average of $145.26.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.