iShares MSCI USA Value Factor ETF $VLUE Shares Sold by M&T Bank Corp

M&T Bank Corp trimmed its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 327,315 shares of the company’s stock after selling 28,172 shares during the quarter. M&T Bank Corp’s holdings in iShares MSCI USA Value Factor ETF were worth $44,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 69.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock worth $37,000 after buying an additional 133 shares during the last quarter. Rothschild Investment LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 64.0% during the 3rd quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock worth $51,000 after buying an additional 160 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $58,000. EverSource Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 42.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock worth $66,000 after buying an additional 159 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $74,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $168.31 on Monday. The company has a market capitalization of $9.92 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a twelve month low of $103.02 and a twelve month high of $169.20. The firm has a 50 day simple moving average of $150.31 and a 200-day simple moving average of $142.27.

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.