US Bancorp DE cut its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,177 shares of the company’s stock after selling 1,906 shares during the period. US Bancorp DE’s holdings in iShares MSCI USA Value Factor ETF were worth $1,546,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI USA Value Factor ETF by 2.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after buying an additional 480,177 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares MSCI USA Value Factor ETF by 954.7% during the first quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock valued at $8,301,000 after acquiring an additional 69,377 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at approximately $44,000. SageView Advisory Group LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 241.9% in the 1st quarter. SageView Advisory Group LLC now owns 58,475 shares of the company’s stock valued at $6,384,000 after purchasing an additional 41,374 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter worth approximately $4,318,000.
iShares MSCI USA Value Factor ETF Trading Up 0.1 %
Shares of iShares MSCI USA Value Factor ETF stock opened at $112.41 on Friday. The firm’s 50 day simple moving average is $108.32 and its two-hundred day simple moving average is $105.39. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-month high of $89.40.
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.
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