Meridian Wealth Management LLC Lowers Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Meridian Wealth Management LLC lowered its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 14.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,792 shares of the company’s stock after selling 1,298 shares during the period. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1.1% during the third quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock worth $1,582,000 after buying an additional 154 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1.4% during the third quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock worth $1,366,000 after buying an additional 171 shares during the last quarter. Schrum Private Wealth Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 79.6% during the third quarter. Schrum Private Wealth Management LLC now owns 4,974 shares of the company’s stock worth $542,000 after buying an additional 2,204 shares during the last quarter. Atria Investments Inc grew its holdings in shares of iShares MSCI USA Value Factor ETF by 3.8% during the third quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock worth $829,000 after buying an additional 277 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 5.4% during the third quarter. Integrated Wealth Concepts LLC now owns 270,951 shares of the company’s stock worth $29,544,000 after buying an additional 13,946 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 0.3 %

Shares of VLUE opened at $107.17 on Wednesday. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40. The stock’s 50 day moving average is $109.26 and its two-hundred day moving average is $109.18. The firm has a market capitalization of $7.21 billion, a PE ratio of 16.17 and a beta of 1.03.

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.