LPL Financial LLC reduced its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) by 21.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 530,755 shares of the company’s stock after selling 144,949 shares during the quarter. LPL Financial LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $56,053,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Synergy Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $29,000. Insight Inv LLC bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $52,000. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth $71,000. Finally, Sound Income Strategies LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 17.9% in the fourth quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after buying an additional 103 shares during the period.
iShares MSCI USA Value Factor ETF Stock Performance
VLUE stock opened at $107.42 on Friday. The stock has a fifty day moving average of $109.57 and a 200-day moving average of $109.29. iShares MSCI USA Value Factor ETF has a fifty-two week low of $98.51 and a fifty-two week high of $115.88. The company has a market capitalization of $7.13 billion, a price-to-earnings ratio of 14.85 and a beta of 1.03.
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.
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Want to see what other hedge funds are holding VLUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report).
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