LS Investment Advisors LLC Cuts Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

LS Investment Advisors LLC lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,322 shares of the company’s stock after selling 679 shares during the quarter. LS Investment Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tradition Wealth Management LLC boosted its stake in iShares MSCI USA Value Factor ETF by 12.2% during the fourth quarter. Tradition Wealth Management LLC now owns 1,235 shares of the company’s stock valued at $125,000 after buying an additional 134 shares during the last quarter. NCM Capital Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 2.7% in the fourth quarter. NCM Capital Management LLC now owns 13,826 shares of the company’s stock valued at $1,399,000 after purchasing an additional 358 shares in the last quarter. Peddock Capital Advisors LLC increased its position in iShares MSCI USA Value Factor ETF by 40.9% in the fourth quarter. Peddock Capital Advisors LLC now owns 16,182 shares of the company’s stock worth $1,637,000 after purchasing an additional 4,694 shares during the last quarter. Leo Wealth LLC bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth $208,000. Finally, Comerica Bank raised its stake in iShares MSCI USA Value Factor ETF by 2.2% during the fourth quarter. Comerica Bank now owns 16,180 shares of the company’s stock valued at $1,637,000 after purchasing an additional 350 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE traded down $0.21 on Tuesday, reaching $106.53. The company’s stock had a trading volume of 149,497 shares. The company has a 50-day simple moving average of $104.50 and a 200 day simple moving average of $103.90. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The company has a market cap of $7.20 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.