LS Investment Advisors LLC Has $1.70 Million Stock Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

LS Investment Advisors LLC lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 23.4% in the third quarter, Holdings Channel reports. The firm owned 15,560 shares of the company’s stock after selling 4,762 shares during the quarter. LS Investment Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,697,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares MSCI USA Value Factor ETF by 2.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after buying an additional 480,177 shares during the period. Cetera Investment Advisers raised its position in iShares MSCI USA Value Factor ETF by 954.7% during the first 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. Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth $44,000. SageView Advisory Group LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 241.9% in the 1st quarter. SageView Advisory Group LLC now owns 58,475 shares of the company’s stock valued at $6,384,000 after purchasing an additional 41,374 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at $4,318,000.

iShares MSCI USA Value Factor ETF Trading Up 0.1 %

Shares of BATS VLUE opened at $112.41 on Friday. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The stock has a 50-day moving average price of $108.32 and a two-hundred day moving average price of $105.39.

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.