iShares MSCI USA Value Factor ETF $VLUE Stock Position Lowered by State of Michigan Retirement System

State of Michigan Retirement System decreased its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 37.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 279,800 shares of the company’s stock after selling 167,900 shares during the period. State of Michigan Retirement System owned about 0.47% of iShares MSCI USA Value Factor ETF worth $39,785,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 181.0% in the first quarter. International Assets Investment Management LLC now owns 354 shares of the company’s stock worth $51,000 after buying an additional 228 shares during the period. Fifth Third Bancorp raised its position in iShares MSCI USA Value Factor ETF by 13,061.4% during the first quarter. Fifth Third Bancorp now owns 9,213 shares of the company’s stock valued at $1,310,000 after buying an additional 9,143 shares during the period. Simplicity Wealth LLC acquired a new position in iShares MSCI USA Value Factor ETF during the first quarter valued at $942,000. Sequoia Financial Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter worth about $1,120,000. Finally, Accredited Investors Inc. purchased a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter worth about $928,000.

iShares MSCI USA Value Factor ETF Trading Down 0.8%

Shares of BATS VLUE opened at $193.78 on Tuesday. iShares MSCI USA Value Factor ETF has a one year low of $110.53 and a one year high of $206.57. The firm has a market capitalization of $11.42 billion, a PE ratio of 13.34 and a beta of 0.97. The business has a 50-day moving average price of $192.55 and a two-hundred day moving average price of $163.73.

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.