Assetmark Inc. Has $1.63 Million Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Assetmark Inc. lessened its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 20.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,440 shares of the company’s stock after selling 2,913 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,627,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VLUE. Sound Income Strategies LLC boosted its position in iShares MSCI USA Value Factor ETF by 14.0% in the first quarter. Sound Income Strategies LLC now owns 554 shares of the company’s stock valued at $80,000 after buying an additional 68 shares in the last quarter. Diversified Enterprises LLC raised its position in iShares MSCI USA Value Factor ETF by 2.4% in the fourth quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock valued at $442,000 after purchasing an additional 75 shares during the last quarter. Financial Engines Advisors L.L.C. raised its position in iShares MSCI USA Value Factor ETF by 2.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,383 shares of the company’s stock valued at $463,000 after purchasing an additional 86 shares during the last quarter. Stokes Family Office LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 2.8% during the fourth quarter. Stokes Family Office LLC now owns 3,780 shares of the company’s stock valued at $517,000 after purchasing an additional 103 shares in the last quarter. Finally, Comerica Bank boosted its stake in shares of iShares MSCI USA Value Factor ETF by 0.8% during the third quarter. Comerica Bank now owns 12,753 shares of the company’s stock valued at $1,595,000 after purchasing an additional 104 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $194.64 on Friday. The business has a 50 day moving average of $194.78 and a 200-day moving average of $167.01. iShares MSCI USA Value Factor ETF has a 1 year low of $110.53 and a 1 year high of $206.57. The company has a market capitalization of $11.47 billion, a P/E ratio of 13.34 and a beta of 0.97.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.