SVB Wealth LLC Sells 10,599 Shares of iShares MSCI USA Value Factor ETF $VLUE

SVB Wealth LLC lowered its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 26.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 28,906 shares of the company’s stock after selling 10,599 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its stake 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 purchasing an additional 133 shares during the period. Rothschild Investment LLC raised its stake 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 purchasing an additional 160 shares during the period. Root Financial Partners LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth $58,000. EverSource Wealth Advisors LLC raised its stake 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 purchasing an additional 159 shares during the period. Finally, Gleason Group Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth $103,000.

iShares MSCI USA Value Factor ETF Price Performance

BATS VLUE opened at $182.59 on Monday. The stock has a market capitalization of $10.76 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $104.68 and a one year high of $183.01. The business’s fifty day moving average is $151.76 and its 200-day moving average is $143.31.

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.