iShares MSCI USA Value Factor ETF $VLUE Shares Sold by SVB Wealth LLC

SVB Wealth LLC trimmed its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 33.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,748 shares of the company’s stock after selling 9,622 shares during the period. SVB Wealth LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,712,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ndwm LLC increased its position in iShares MSCI USA Value Factor ETF by 4.8% during the 3rd quarter. Ndwm LLC now owns 28,262 shares of the company’s stock valued at $5,596,000 after buying an additional 1,286 shares in the last quarter. Keybank National Association OH bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $1,687,000. AlphaCore Capital LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 2.2% in the third quarter. AlphaCore Capital LLC now owns 144,663 shares of the company’s stock worth $28,643,000 after purchasing an additional 3,131 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth $44,000. Finally, Avantax Planning Partners Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $4,755,000.

iShares MSCI USA Value Factor ETF Trading Down 1.1%

Shares of BATS VLUE opened at $190.37 on Friday. iShares MSCI USA Value Factor ETF has a 12-month low of $124.55 and a 12-month high of $206.57. The firm has a 50 day moving average of $196.92 and a 200 day moving average of $180.57. The firm has a market capitalization of $9.26 billion, a price-to-earnings ratio of 13.90 and a beta of 1.12.

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.