iShares MSCI USA Value Factor ETF $VLUE Stock Sold by SVB Wealth LLC

SVB Wealth LLC lessened its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 33.9% during the 3rd quarter, Holdings Channel reports. The firm owned 18,748 shares of the company’s stock after selling 9,622 shares during the period. SVB Wealth LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,712,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Ndwm LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 4.8% in the third quarter. Ndwm LLC now owns 28,262 shares of the company’s stock worth $5,596,000 after buying an additional 1,286 shares in the last quarter. Keybank National Association OH purchased a new position in iShares MSCI USA Value Factor ETF during the third quarter worth $1,687,000. AlphaCore Capital LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 2.2% during the 3rd quarter. AlphaCore Capital LLC now owns 144,663 shares of the company’s stock worth $28,643,000 after purchasing an additional 3,131 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $44,000. Finally, Avantax Planning Partners Inc. purchased a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $4,755,000.

iShares MSCI USA Value Factor ETF Trading Down 1.1%

BATS VLUE opened at $190.37 on Friday. The stock has a market cap of $9.26 billion, a PE ratio of 13.90 and a beta of 1.12. The company’s 50-day moving average price is $196.92 and its 200-day moving average price is $180.57. iShares MSCI USA Value Factor ETF has a 12 month low of $124.55 and a 12 month high of $206.57.

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.