Advisory Services Network LLC Has $2.40 Million Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Advisory Services Network LLC lowered its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,675 shares of the company’s stock after selling 320 shares during the quarter. Advisory Services Network LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,395,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Horizon Investments LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at about $34,473,000. Raymond James Financial Inc. bought a new position in iShares MSCI USA Value Factor ETF in the 4th quarter valued at about $27,277,000. SVB Wealth LLC acquired a new position in iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $9,804,000. Mason Investment Advisory Services Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 1.8% during the 4th quarter. Mason Investment Advisory Services Inc. now owns 4,588,101 shares of the company’s stock worth $484,549,000 after purchasing an additional 78,917 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $7,655,000.

iShares MSCI USA Value Factor ETF Stock Down 9.0 %

Shares of BATS:VLUE opened at $97.21 on Friday. The business’s 50 day moving average is $107.18 and its 200 day moving average is $108.75. iShares MSCI USA Value Factor ETF has a 12-month low of $91.80 and a 12-month high of $115.88. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 14.96 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.