Envestnet Asset Management Inc. Decreases Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Envestnet Asset Management Inc. reduced its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,397,313 shares of the company’s stock after selling 86,707 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $158,190,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Ameritas Advisory Services LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth $26,000. Blue Bell Private Wealth Management LLC raised its stake in iShares MSCI USA Value Factor ETF by 107.9% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 262 shares of the company’s stock worth $28,000 after acquiring an additional 136 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter worth $33,000. Avalon Trust Co acquired a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter worth $46,000. Finally, AlphaCore Capital LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter worth $49,000.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS:VLUE opened at $130.81 on Wednesday. The company’s fifty day moving average price is $123.44 and its 200 day moving average price is $114.45. iShares MSCI USA Value Factor ETF has a 12 month low of $91.80 and a 12 month high of $116.51. The firm has a market capitalization of $7.71 billion, a P/E ratio of 13.34 and a beta of 0.97.

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.