MA Private Wealth Reduces Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

MA Private Wealth cut its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,102 shares of the company’s stock after selling 473 shares during the quarter. MA Private Wealth’s holdings in iShares MSCI USA Value Factor ETF were worth $1,252,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. State of Michigan Retirement System lifted its holdings in iShares MSCI USA Value Factor ETF by 41.1% in the 1st quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock worth $49,433,000 after buying an additional 132,900 shares in the last quarter. Deane Retirement Strategies Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter worth about $8,270,000. Gunma Bank Ltd. boosted its holdings in iShares MSCI USA Value Factor ETF by 340.9% in the first quarter. Gunma Bank Ltd. now owns 97,000 shares of the company’s stock valued at $10,506,000 after purchasing an additional 75,000 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares MSCI USA Value Factor ETF by 954.7% during the 1st quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock valued at $8,301,000 after purchasing an additional 69,377 shares in the last quarter. Finally, Stonehearth Capital Management LLC grew 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 valued at $35,433,000 after purchasing an additional 56,166 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Down 0.8 %

Shares of VLUE opened at $104.98 on Friday. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The business’s 50 day moving average is $104.95 and its two-hundred day moving average is $104.12. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-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.