iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. cut its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 11,616 shares of the company’s stock after selling 399 shares during the period. Harbour Investments Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,315,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in VLUE. Mullooly Asset Management Inc. acquired a new position in iShares MSCI USA Value Factor ETF during the first quarter worth $931,211,000. Northwestern Mutual Wealth Management Co. raised its position 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 buying an additional 536,413 shares during the last quarter. Jones Financial Companies Lllp raised its position 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 buying an additional 204,181 shares during the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the first quarter valued at about $19,632,000. Finally, Royal Bank of Canada raised its position in shares of iShares MSCI USA Value Factor ETF by 313.3% in the first quarter. Royal Bank of Canada now owns 239,519 shares of the company’s stock valued at $25,544,000 after buying an additional 181,562 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 17.9%

Shares of BATS VLUE opened at $125.89 on Friday. The firm has a 50-day simple moving average of $121.75 and a 200-day simple moving average of $112.75. The stock has a market capitalization of $7.42 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 52 week low of $91.80 and a 52 week high of $116.51.

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.