PNC Financial Services Group Inc. Purchases 8,335 Shares of iShares MSCI USA Value Factor ETF $VLUE

PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 1.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 558,535 shares of the company’s stock after acquiring an additional 8,335 shares during the period. PNC Financial Services Group Inc. owned 0.95% of iShares MSCI USA Value Factor ETF worth $79,418,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VLUE. GHP Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter worth about $25,000. Lloyd Advisory Services LLC. bought a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $33,000. Smartleaf Asset Management LLC boosted its stake in 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 valued at $37,000 after purchasing an additional 133 shares during the period. SHP Wealth Management acquired a new stake in iShares MSCI USA Value Factor ETF in the 4th quarter valued at approximately $46,000. Finally, International Assets Investment Management LLC grew its holdings in iShares MSCI USA Value Factor ETF by 181.0% in the 1st quarter. International Assets Investment Management LLC now owns 354 shares of the company’s stock valued at $51,000 after buying an additional 228 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 0.2%

Shares of BATS VLUE opened at $195.49 on Thursday. The business’s 50 day moving average is $194.26 and its two-hundred day moving average is $166.42. The company has a market cap of $11.52 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57.

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.