iShares MSCI USA Value Factor ETF (BATS:VLUE) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 12.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,557 shares of the company’s stock after selling 4,707 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Matson Money. Inc. lifted its stake in iShares MSCI USA Value Factor ETF by 10.5% during the 4th quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock worth $404,098,000 after acquiring an additional 378,602 shares in the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $81,771,000. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $44,024,000. Strategic Financial Services Inc grew its holdings in shares of iShares MSCI USA Value Factor ETF by 3.0% in the fourth quarter. Strategic Financial Services Inc now owns 397,739 shares of the company’s stock valued at $40,235,000 after purchasing an additional 11,406 shares in the last quarter. Finally, Stonehearth Capital Management LLC increased its stake in iShares MSCI USA Value Factor ETF by 20.7% during the 1st quarter. Stonehearth Capital Management LLC now owns 327,147 shares of the company’s stock worth $35,433,000 after buying an additional 56,166 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 0.3 %

Shares of VLUE stock opened at $103.41 on Wednesday. The firm has a 50 day moving average of $102.96 and a two-hundred day moving average of $102.64. The stock has a market capitalization of $6.99 billion, a PE ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40.

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.