Commonwealth Equity Services LLC Decreases Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Commonwealth Equity Services LLC cut its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 11.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 157,765 shares of the company’s stock after selling 19,690 shares during the period. Commonwealth Equity Services LLC owned approximately 0.27% of iShares MSCI USA Value Factor ETF worth $19,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in VLUE. Eagle Strategies LLC boosted its stake in iShares MSCI USA Value Factor ETF by 0.5% during the third quarter. Eagle Strategies LLC now owns 18,576 shares of the company’s stock worth $2,323,000 after buying an additional 87 shares during the last quarter. First Citizens Financial Corp boosted its position in shares of iShares MSCI USA Value Factor ETF by 2.8% during the 2nd quarter. First Citizens Financial Corp now owns 3,844 shares of the company’s stock valued at $435,000 after acquiring an additional 103 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares during the period. Alpha Omega Wealth Management LLC increased its position in iShares MSCI USA Value Factor ETF by 6.2% during the second quarter. Alpha Omega Wealth Management LLC now owns 2,336 shares of the company’s stock worth $264,000 after purchasing an additional 137 shares during the last quarter. Finally, Diversified Enterprises LLC increased its position in iShares MSCI USA Value Factor ETF by 4.6% during the second quarter. Diversified Enterprises LLC now owns 3,224 shares of the company’s stock worth $365,000 after purchasing an additional 142 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $144.26 on Friday. The company has a market capitalization of $8.50 billion, a PE ratio of 13.34 and a beta of 0.97. The firm’s 50-day moving average is $134.48 and its two-hundred day moving average is $124.90. iShares MSCI USA Value Factor ETF has a 12 month low of $91.80 and a 12 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.