Parallel Advisors LLC Has $6.20 Million Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Parallel Advisors LLC decreased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,712 shares of the company’s stock after selling 3,988 shares during the period. Parallel Advisors LLC owned 0.09% of iShares MSCI USA Value Factor ETF worth $6,201,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Atria Investments Inc boosted its holdings in iShares MSCI USA Value Factor ETF by 3.8% in the third quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock worth $829,000 after acquiring an additional 277 shares in the last quarter. EQ LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 10.1% in the 3rd quarter. EQ LLC now owns 30,226 shares of the company’s stock worth $3,296,000 after purchasing an additional 2,780 shares in the last quarter. Wharton Business Group LLC grew its position in iShares MSCI USA Value Factor ETF by 15.6% in the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after purchasing an additional 174,330 shares during the period. Studio Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $28,000. Finally, Meridian Wealth Management LLC raised its holdings in iShares MSCI USA Value Factor ETF by 18.4% during the third quarter. Meridian Wealth Management LLC now owns 9,090 shares of the company’s stock worth $991,000 after buying an additional 1,415 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS VLUE opened at $106.85 on Monday. The company has a 50-day moving average price of $109.34 and a 200-day moving average price of $109.23. The stock has a market capitalization of $7.09 billion, a P/E ratio of 14.85 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a 1 year low of $98.51 and a 1 year high of $115.88.

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.