Montecito Bank & Trust Has $486,000 Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Montecito Bank & Trust lessened its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,602 shares of the company’s stock after selling 121 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MSCI USA Value Factor ETF were worth $486,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Studio Investment Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at about $28,000. Wilmington Savings Fund Society FSB acquired a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $29,000. MGB Wealth Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $30,000. Armstrong Advisory Group Inc. bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $30,000. Finally, Northwest Investment Counselors LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth approximately $46,000.

iShares MSCI USA Value Factor ETF Stock Up 3.9 %

VLUE opened at $111.02 on Friday. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40. The company has a fifty day moving average of $109.40 and a 200-day moving average of $108.01. The stock has a market cap of $7.50 billion, a PE ratio of 13.26 and a beta of 0.87.

iShares MSCI USA Value Factor ETF 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.