Intrust Bank NA lessened its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,141 shares of the company’s stock after selling 5,429 shares during the quarter. iShares MSCI USA Value Factor ETF makes up approximately 2.7% of Intrust Bank NA’s holdings, making the stock its 7th largest holding. Intrust Bank NA owned 0.43% of iShares MSCI USA Value Factor ETF worth $31,905,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its position in shares of iShares MSCI USA Value Factor ETF by 52.3% in the second quarter. Brookstone Capital Management now owns 4,559 shares of the company’s stock valued at $516,000 after buying an additional 1,566 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its stake in iShares MSCI USA Value Factor ETF by 116.1% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 56,327 shares of the company’s stock worth $6,377,000 after acquiring an additional 30,264 shares during the period. Interchange Capital Partners LLC raised its holdings in iShares MSCI USA Value Factor ETF by 0.7% in the 2nd quarter. Interchange Capital Partners LLC now owns 38,647 shares of the company’s stock valued at $4,375,000 after acquiring an additional 258 shares during the last quarter. MorganRosel Wealth Management LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 7.2% during the 2nd quarter. MorganRosel Wealth Management LLC now owns 17,626 shares of the company’s stock worth $1,995,000 after purchasing an additional 1,178 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth $506,000.
iShares MSCI USA Value Factor ETF Stock Up 0.7%
Shares of BATS:VLUE opened at $152.42 on Friday. The company has a market cap of $8.99 billion, a P/E ratio of 13.34 and a beta of 0.97. The business has a fifty day simple moving average of $144.24 and a 200-day simple moving average of $132.09. iShares MSCI USA Value Factor ETF has a 52 week low of $91.80 and a 52 week high of $154.31.
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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.
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