Comerica Bank Sells 513 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Comerica Bank cut its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,630 shares of the company’s stock after selling 513 shares during the quarter. Comerica Bank’s holdings in iShares MSCI USA Value Factor ETF were worth $1,545,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VLUE. BCGM Wealth Management LLC increased its stake in iShares MSCI USA Value Factor ETF by 3.0% during the 4th quarter. BCGM Wealth Management LLC now owns 3,303 shares of the company’s stock worth $349,000 after acquiring an additional 97 shares during the period. Sound Income Strategies LLC raised its stake in iShares MSCI USA Value Factor ETF by 17.9% in the fourth quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after purchasing an additional 103 shares in the last quarter. RHS Financial LLC lifted its position in iShares MSCI USA Value Factor ETF by 2.7% during the fourth quarter. RHS Financial LLC now owns 3,911 shares of the company’s stock worth $413,000 after purchasing an additional 104 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in iShares MSCI USA Value Factor ETF by 0.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,676 shares of the company’s stock worth $3,345,000 after buying an additional 114 shares in the last quarter. Finally, Leavell Investment Management Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 3.5% in the 4th quarter. Leavell Investment Management Inc. now owns 4,422 shares of the company’s stock valued at $467,000 after buying an additional 151 shares during the period.

iShares MSCI USA Value Factor ETF Trading Down 1.4 %

Shares of iShares MSCI USA Value Factor ETF stock opened at $105.32 on Friday. The company has a market cap of $6.30 billion, a PE ratio of 14.12 and a beta of 0.97. The company has a 50 day moving average of $103.19 and a 200-day moving average of $107.61. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $115.88.

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.