PNC Financial Services Group Inc. Decreases Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

PNC Financial Services Group Inc. lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 620,126 shares of the company’s stock after selling 38,459 shares during the quarter. PNC Financial Services Group Inc. owned about 0.92% of iShares MSCI USA Value Factor ETF worth $67,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VLUE. Russell Investments Group Ltd. boosted its holdings in iShares MSCI USA Value Factor ETF by 464.0% in the 1st quarter. Russell Investments Group Ltd. now owns 784 shares of the company’s stock worth $85,000 after acquiring an additional 645 shares during the period. Bessemer Group Inc. boosted its holdings in iShares MSCI USA Value Factor ETF by 85.4% in the 1st quarter. Bessemer Group Inc. now owns 1,828 shares of the company’s stock worth $197,000 after acquiring an additional 842 shares during the period. CreativeOne Wealth LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at approximately $1,014,000. B. Riley Wealth Advisors Inc. raised its position in shares of iShares MSCI USA Value Factor ETF by 4.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 14,791 shares of the company’s stock valued at $1,602,000 after purchasing an additional 600 shares in the last quarter. Finally, Atria Investments Inc acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at approximately $1,042,000.

iShares MSCI USA Value Factor ETF Stock Down 0.6 %

Shares of VLUE opened at $111.03 on Wednesday. The business’s 50 day moving average is $109.20 and its two-hundred day moving average is $105.94. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.