Waterloo Capital L.P. Reduces Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Waterloo Capital L.P. reduced its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,129 shares of the company’s stock after selling 104 shares during the quarter. Waterloo Capital L.P.’s holdings in iShares MSCI USA Value Factor ETF were worth $427,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Arkadios Wealth Advisors increased its position in iShares MSCI USA Value Factor ETF by 1.9% during the 2nd quarter. Arkadios Wealth Advisors now owns 5,436 shares of the company’s stock valued at $562,000 after purchasing an additional 101 shares during the period. Goldstein Advisors LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 2.7% during the second quarter. Goldstein Advisors LLC now owns 4,412 shares of the company’s stock valued at $456,000 after buying an additional 114 shares during the period. EverSource Wealth Advisors LLC raised its stake in iShares MSCI USA Value Factor ETF by 22.5% in the first quarter. EverSource Wealth Advisors LLC now owns 659 shares of the company’s stock worth $67,000 after buying an additional 121 shares in the last quarter. Tradition Wealth Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 12.2% in the fourth quarter. Tradition Wealth Management LLC now owns 1,235 shares of the company’s stock worth $125,000 after buying an additional 134 shares during the period. Finally, CFS Investment Advisory Services LLC boosted its position in iShares MSCI USA Value Factor ETF by 5.2% during the 4th quarter. CFS Investment Advisory Services LLC now owns 3,079 shares of the company’s stock valued at $311,000 after acquiring an additional 152 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE stock opened at $108.87 on Friday. The company has a market capitalization of $7.35 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The business’s 50 day moving average price is $105.44 and its two-hundred day moving average price is $104.38. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40.

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.