Sax Wealth Advisors LLC decreased its position in iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,451 shares of the company’s stock after selling 2,959 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $5,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE boosted its stake in iShares MSCI USA Value Factor ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 1,612,286 shares of the company’s stock worth $229,251,000 after buying an additional 5,584 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 1.5% during the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock worth $79,418,000 after acquiring an additional 8,335 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 31.5% during the first quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock worth $63,568,000 after acquiring an additional 107,102 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 16.1% in the 4th quarter. Focus Partners Wealth now owns 328,961 shares of the company’s stock worth $44,979,000 after acquiring an additional 45,632 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 75.4% in the 1st quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after acquiring an additional 131,527 shares during the last quarter.
iShares MSCI USA Value Factor ETF Stock Down 1.2%
Shares of iShares MSCI USA Value Factor ETF stock traded down $2.28 during trading on Tuesday, reaching $195.58. The company’s stock had a trading volume of 199,968 shares, compared to its average volume of 1,135,829. iShares MSCI USA Value Factor ETF has a 52-week low of $122.66 and a 52-week high of $206.57. The company has a market cap of $11.53 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The firm’s 50-day moving average is $200.70 and its two-hundred day moving average is $187.89.
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.
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