Stonehearth Capital Management LLC Sells 17,855 Shares of iShares MSCI USA Value Factor ETF $VLUE

Stonehearth Capital Management LLC trimmed its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 236,423 shares of the company’s stock after selling 17,855 shares during the period. iShares MSCI USA Value Factor ETF makes up about 13.3% of Stonehearth Capital Management LLC’s holdings, making the stock its biggest holding. Stonehearth Capital Management LLC owned 0.40% of iShares MSCI USA Value Factor ETF worth $33,617,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Caisse de depot et placement du Quebec acquired a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth about $187,061,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock valued at $3,110,135,000 after purchasing an additional 586,241 shares in the last quarter. Marks Wealth LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 4th quarter valued at about $34,563,000. Orion Porfolio Solutions LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1,194.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after purchasing an additional 179,630 shares during the period. Finally, TLT Family Holdco ULC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth about $15,736,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS VLUE opened at $197.11 on Wednesday. iShares MSCI USA Value Factor ETF has a one year low of $110.53 and a one year high of $204.51. The company’s 50 day moving average price is $182.30 and its 200 day moving average price is $157.83. The firm has a market capitalization of $11.62 billion, a price-to-earnings 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.