M&T Bank Corp Sells 293,004 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

M&T Bank Corp decreased its position in iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) by 28.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 722,745 shares of the company’s stock after selling 293,004 shares during the quarter. M&T Bank Corp’s holdings in iShares MSCI USA Value Factor ETF were worth $76,329,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Synergy Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $26,000. Studio Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $28,000. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $29,000. MGB Wealth Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $30,000. Finally, Insight Inv LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $52,000.

iShares MSCI USA Value Factor ETF Trading Up 0.3 %

VLUE stock opened at $107.17 on Wednesday. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The company has a 50-day moving average price of $109.26 and a 200 day moving average price of $109.18. The stock has a market cap of $7.21 billion, a PE ratio of 16.17 and a beta of 1.03.

About iShares MSCI USA Value Factor ETF

(Free Report)

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:VLUEFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Value Factor ETF (BATS:VLUE)

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