Sanctuary Advisors LLC Sells 3,782 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Sanctuary Advisors LLC cut its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 18.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,396 shares of the company’s stock after selling 3,782 shares during the period. Sanctuary Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,871,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of VLUE. Rothschild Investment LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the second quarter valued at approximately $26,000. Studio Investment Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $28,000. MGB Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth $30,000. Armstrong Advisory Group Inc. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth $30,000. Finally, Northwest Investment Counselors LLC purchased a new position in iShares MSCI USA Value Factor ETF during the third quarter valued at $46,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $104.01 on Friday. The stock has a 50-day simple moving average of $110.98 and a two-hundred day simple moving average of $107.25. The firm has a market capitalization of $7.03 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.