PFG Advisors Decreases Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

PFG Advisors decreased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 6.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,381 shares of the company’s stock after selling 484 shares during the quarter. PFG Advisors’ holdings in iShares MSCI USA Value Factor ETF were worth $836,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Mullooly Asset Management Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter worth $931,211,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 20,677,629 shares of the company’s stock valued at $2,205,269,000 after acquiring an additional 536,413 shares during the period. Jones Financial Companies Lllp raised its stake in shares of iShares MSCI USA Value Factor ETF by 717.8% in the first quarter. Jones Financial Companies Lllp now owns 232,626 shares of the company’s stock valued at $24,810,000 after acquiring an additional 204,181 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 313.3% in the 1st quarter. Royal Bank of Canada now owns 239,519 shares of the company’s stock worth $25,544,000 after acquiring an additional 181,562 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI USA Value Factor ETF by 169.5% during the 1st quarter. Bank of New York Mellon Corp now owns 195,319 shares of the company’s stock worth $20,831,000 after purchasing an additional 122,832 shares during the period.

iShares MSCI USA Value Factor ETF Trading Up 23.1%

Shares of BATS:VLUE opened at $131.45 on Tuesday. iShares MSCI USA Value Factor ETF has a 12 month low of $91.80 and a 12 month high of $116.51. The company has a market capitalization of $7.75 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The firm’s 50-day moving average is $125.43 and its 200 day moving average is $116.50.

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.