iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Syntax Research Inc.

Syntax Research Inc. lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 92.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,164 shares of the company’s stock after selling 52,571 shares during the quarter. iShares MSCI USA Value Factor ETF comprises 0.6% of Syntax Research Inc.’s holdings, making the stock its 27th biggest position. Syntax Research Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $832,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Caisse de depot et placement du Quebec bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $187,061,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock valued at $3,110,135,000 after acquiring an additional 586,241 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 1,194.2% during the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after acquiring an additional 179,630 shares during the period. TLT Family Holdco ULC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter valued at approximately $15,736,000. Finally, Royal Bank of Canada raised its holdings in iShares MSCI USA Value Factor ETF by 75.4% during the first quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after purchasing an additional 131,527 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $203.87 on Friday. The company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1-year low of $118.58 and a 1-year high of $206.57. The business has a 50 day moving average price of $196.96 and a two-hundred day moving average price of $177.84.

About iShares MSCI USA Value Factor ETF

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.