iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 90.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,774 shares of the company’s stock after selling 1,263,539 shares during the quarter. Envestnet Asset Management Inc. owned 0.23% of iShares MSCI USA Value Factor ETF worth $16,728,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CPR Investments Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $519,000. Mason Investment Advisory Services Inc. raised its position in iShares MSCI USA Value Factor ETF by 1.0% in the second quarter. Mason Investment Advisory Services Inc. now owns 4,664,066 shares of the company’s stock valued at $528,019,000 after purchasing an additional 48,386 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI USA Value Factor ETF by 4.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,582,330 shares of the company’s stock worth $2,443,336,000 after buying an additional 904,701 shares in the last quarter. CWM LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 23.1% in the 3rd quarter. CWM LLC now owns 237,952 shares of the company’s stock valued at $29,756,000 after purchasing an additional 44,653 shares in the last quarter. Finally, EFG Asset Management Americas Corp. raised its stake in shares of iShares MSCI USA Value Factor ETF by 106.5% in the 2nd quarter. EFG Asset Management Americas Corp. now owns 73,538 shares of the company’s stock valued at $8,325,000 after purchasing an additional 37,929 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $151.56 on Monday. The company’s fifty day moving average is $142.76 and its two-hundred day moving average is $130.85. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $154.31. The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.