Cetera Investment Advisers Cuts Stake in iShares MSCI USA Value Factor ETF $VLUE

Cetera Investment Advisers lessened its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 26.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,813 shares of the company’s stock after selling 20,079 shares during the quarter. Cetera Investment Advisers owned about 0.09% of iShares MSCI USA Value Factor ETF worth $6,205,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the second quarter valued at approximately $26,000. Avalon Trust Co purchased a new position in iShares MSCI USA Value Factor ETF during the first quarter valued at $46,000. AlphaCore Capital LLC bought a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter valued at $49,000. Costello Asset Management INC purchased a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter worth $52,000. Finally, Berkshire Money Management Inc. purchased a new stake in iShares MSCI USA Value Factor ETF in the 2nd quarter worth $87,000.

iShares MSCI USA Value Factor ETF Stock Up 19.2%

Shares of iShares MSCI USA Value Factor ETF stock opened at $127.30 on Monday. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The business has a 50-day moving average price of $127.01 and a 200-day moving average price of $118.15. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $116.51.

iShares MSCI USA Value Factor ETF Company 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.