CGN Advisors LLC Reduces Stake in iShares MSCI USA Value Factor ETF $VLUE

CGN Advisors LLC reduced its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 65.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,567 shares of the company’s stock after selling 2,926 shares during the quarter. CGN Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SteelPeak Wealth LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 35.3% during the first quarter. SteelPeak Wealth LLC now owns 17,556 shares of the company’s stock valued at $2,496,000 after acquiring an additional 4,585 shares in the last quarter. Apella Capital LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $514,000. Mirae Asset Global Investments Co. Ltd. grew its stake in iShares MSCI USA Value Factor ETF by 655.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,900 shares of the company’s stock worth $2,994,000 after purchasing an additional 19,000 shares in the last quarter. Galvin Gaustad & Stein LLC bought a new position in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $474,000. Finally, Janney Montgomery Scott LLC grew its stake in iShares MSCI USA Value Factor ETF by 31.5% in the first quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock worth $63,568,000 after purchasing an additional 107,102 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Down 0.3%

VLUE opened at $197.34 on Thursday. The stock’s fifty day moving average is $196.00 and its two-hundred day moving average is $170.03. The company has a market capitalization of $11.63 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 52 week low of $112.77 and a 52 week 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.