Bleakley Financial Group LLC Has $1.67 Million Stock Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Bleakley Financial Group LLC reduced its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.2% in the fourth quarter, HoldingsChannel reports. The firm owned 15,772 shares of the company’s stock after selling 355 shares during the period. Bleakley Financial Group LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,666,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VLUE. Wharton Business Group LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 15.6% during the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after acquiring an additional 174,330 shares during the period. Kovitz Investment Group Partners LLC bought a new position in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $5,920,000. Nomura Asset Management Co. Ltd. acquired a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $3,664,000. Mason Investment Advisory Services Inc. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock valued at $491,681,000 after acquiring an additional 19,941 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 2.8% during the third quarter. Cerity Partners LLC now owns 729,032 shares of the company’s stock worth $79,494,000 after purchasing an additional 19,749 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 2.4 %

Shares of VLUE opened at $109.43 on Friday. The stock has a market cap of $7.39 billion, a P/E ratio of 13.26 and a beta of 0.87. The business’s fifty day moving average is $108.82 and its 200 day moving average is $108.21. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-month 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.