Financial & Tax Architects LLC Sells 5,385 Shares of iShares MSCI USA Value Factor ETF $VLUE

Financial & Tax Architects LLC lowered its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 46.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,190 shares of the company’s stock after selling 5,385 shares during the period. Financial & Tax Architects LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,226,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Royal Bank of Canada lifted its stake in shares of iShares MSCI USA Value Factor ETF by 75.4% in the 1st quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock valued at $43,502,000 after acquiring an additional 131,527 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $25,771,000. Janney Montgomery Scott LLC boosted its holdings in shares of 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 valued at $63,568,000 after acquiring an additional 107,102 shares in the last quarter. Cetera Investment Advisers grew its position in iShares MSCI USA Value Factor ETF by 87.7% during the 1st quarter. Cetera Investment Advisers now owns 194,434 shares of the company’s stock worth $27,647,000 after acquiring an additional 90,872 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its position in iShares MSCI USA Value Factor ETF by 368.5% during the 1st quarter. Bleakley Financial Group LLC now owns 75,231 shares of the company’s stock worth $10,697,000 after acquiring an additional 59,172 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 1.1%

Shares of VLUE opened at $195.51 on Friday. iShares MSCI USA Value Factor ETF has a 12-month low of $124.55 and a 12-month high of $206.57. The business has a 50-day simple moving average of $200.58 and a two-hundred day simple moving average of $188.99. The stock has a market cap of $11.53 billion, a PE 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.