Mercer Global Advisors Inc. ADV Lowers Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Mercer Global Advisors Inc. ADV lowered its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 9.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,532,946 shares of the company’s stock after selling 269,555 shares during the quarter. Mercer Global Advisors Inc. ADV owned 3.75% of iShares MSCI USA Value Factor ETF worth $262,059,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VLUE. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at $435,000. Corient Private Wealth LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 4th quarter worth $753,000. EverSource Wealth Advisors LLC raised its position in iShares MSCI USA Value Factor ETF by 140.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 538 shares of the company’s stock worth $54,000 after purchasing an additional 314 shares during the period. Hilltop Holdings Inc. raised its position in iShares MSCI USA Value Factor ETF by 5.0% in the 4th quarter. Hilltop Holdings Inc. now owns 15,446 shares of the company’s stock worth $1,563,000 after purchasing an additional 742 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its position in iShares MSCI USA Value Factor ETF by 1.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 76,580 shares of the company’s stock worth $7,747,000 after purchasing an additional 744 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 0.2 %

Shares of BATS:VLUE opened at $107.70 on Wednesday. The stock has a market cap of $7.28 billion, a PE ratio of 13.26 and a beta of 0.87. The company’s fifty day moving average is $105.33 and its 200 day moving average is $104.33. 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 Company 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.