HighTower Advisors LLC Sells 26,718 Shares of iShares MSCI USA Value Factor ETF $VLUE

HighTower Advisors LLC lessened its position in iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) by 30.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,802 shares of the company’s stock after selling 26,718 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $8,313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock worth $37,000 after buying an additional 133 shares in the last quarter. Rothschild Investment LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 64.0% in the third quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock worth $51,000 after buying an additional 160 shares in the last quarter. Tucker Asset Management LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 52.3% in the fourth quarter. Tucker Asset Management LLC now owns 437 shares of the company’s stock worth $60,000 after buying an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 42.7% in the third quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock worth $66,000 after buying an additional 159 shares in the last quarter. Finally, Gleason Group Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $103,000.

iShares MSCI USA Value Factor ETF Stock Up 3.9%

VLUE opened at $194.55 on Wednesday. The firm has a 50 day moving average price of $161.21 and a 200-day moving average price of $148.31. iShares MSCI USA Value Factor ETF has a twelve month low of $105.70 and a twelve month high of $195.25. The stock has a market capitalization of $11.47 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

About iShares MSCI USA Value Factor ETF

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

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

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