Syntax Research Inc. Cuts Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Syntax Research Inc. decreased its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,735 shares of the company’s stock after selling 4,826 shares during the quarter. iShares MSCI USA Value Factor ETF makes up 5.1% of Syntax Research Inc.’s portfolio, making the stock its 3rd largest position. Syntax Research Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $8,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Keystone Global Partners LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter worth approximately $2,724,000. Brown Miller Wealth Management LLC bought a new position in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $567,000. Apollon Financial LLC bought a new position in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $220,000. Apollon Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF during the 1st quarter worth $206,000. Finally, Janney Montgomery Scott LLC increased its holdings in iShares MSCI USA Value Factor ETF by 31.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock worth $63,568,000 after purchasing an additional 107,102 shares during the period.

iShares MSCI USA Value Factor ETF Stock Down 2.2%

Shares of BATS VLUE opened at $195.47 on Thursday. iShares MSCI USA Value Factor ETF has a twelve month low of $110.53 and a twelve month high of $206.57. The firm has a market cap of $11.52 billion, a PE ratio of 13.34 and a beta of 0.97. The business has a fifty day simple moving average of $187.54 and a two-hundred day simple moving average of $160.51.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.