SVB Wealth LLC Has $5.43 Million Stock Position in iShares MSCI USA Value Factor ETF $VLUE

SVB Wealth LLC lessened its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 31.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,935 shares of the company’s stock after selling 22,256 shares during the quarter. SVB Wealth LLC owned 0.08% of iShares MSCI USA Value Factor ETF worth $5,427,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 34.2% in the second quarter. Flow Traders U.S. LLC now owns 24,204 shares of the company’s stock worth $2,740,000 after purchasing an additional 6,163 shares in the last quarter. CW Advisors LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the 2nd quarter valued at $17,716,000. Meridian Wealth Partners LLC lifted its position in iShares MSCI USA Value Factor ETF by 3.8% during the 2nd quarter. Meridian Wealth Partners LLC now owns 175,147 shares of the company’s stock worth $19,828,000 after buying an additional 6,444 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,582,330 shares of the company’s stock worth $2,443,336,000 after buying an additional 904,701 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $416,000.

iShares MSCI USA Value Factor ETF Trading Up 26.7%

Shares of BATS VLUE opened at $135.36 on Monday. The company has a market capitalization of $7.98 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $91.80 and a 12 month high of $116.51. The stock has a 50 day moving average of $129.02 and a 200-day moving average of $119.93.

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.