Wharton Business Group LLC Cuts Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Wharton Business Group LLC reduced its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,206,307 shares of the company’s stock after selling 4,135 shares during the quarter. iShares MSCI USA Value Factor ETF makes up about 5.9% of Wharton Business Group LLC’s holdings, making the stock its 2nd biggest holding. Wharton Business Group LLC owned about 2.05% of iShares MSCI USA Value Factor ETF worth $150,849,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VLUE. Salem Investment Counselors Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 306.9% during the third quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock valued at $37,000 after acquiring an additional 221 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in iShares MSCI USA Value Factor ETF by 69.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares during the period. Rothschild Investment LLC increased its holdings in iShares MSCI USA Value Factor ETF by 64.0% during the 3rd quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock valued at $51,000 after purchasing an additional 160 shares during the period. Root Financial Partners LLC bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $58,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter worth approximately $74,000.

iShares MSCI USA Value Factor ETF Trading Up 0.2%

Shares of VLUE stock traded up $0.34 during trading hours on Friday, reaching $151.72. The company’s stock had a trading volume of 46,293 shares, compared to its average volume of 1,206,634. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year high of $154.31. The stock has a market capitalization of $8.94 billion, a P/E ratio of 13.34 and a beta of 0.97. The firm’s fifty day simple moving average is $143.93 and its 200 day simple moving average is $131.69.

iShares MSCI USA Value Factor ETF 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.