PNC Financial Services Group Inc. Acquires 8,335 Shares of iShares MSCI USA Value Factor ETF $VLUE

PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 1.5% during the first quarter, Holdings Channel reports. The firm owned 558,535 shares of the company’s stock after buying an additional 8,335 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $79,418,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID lifted its position in shares of iShares MSCI USA Value Factor ETF by 16,716.7% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,009 shares of the company’s stock worth $143,000 after buying an additional 1,003 shares during the period. Dorsey Wright & Associates bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter valued at $8,041,000. Bessemer Group Inc. grew its position in iShares MSCI USA Value Factor ETF by 23.9% in the first quarter. Bessemer Group Inc. now owns 2,515 shares of the company’s stock valued at $358,000 after acquiring an additional 485 shares during the period. SteelPeak Wealth LLC grew its position in iShares MSCI USA Value Factor ETF by 35.3% in the first quarter. SteelPeak Wealth LLC now owns 17,556 shares of the company’s stock valued at $2,496,000 after acquiring an additional 4,585 shares during the period. Finally, Independent Financial Group LLC acquired a new position in iShares MSCI USA Value Factor ETF during the first quarter worth $357,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS VLUE opened at $195.49 on Thursday. The stock has a market cap of $11.52 billion, a PE ratio of 13.34 and a beta of 0.97. The business has a fifty day moving average of $194.26 and a two-hundred day moving average of $166.42. iShares MSCI USA Value Factor ETF has a 52-week low of $110.53 and a 52-week high of $206.57.

iShares MSCI USA Value Factor ETF Company Profile

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.