Merriman Wealth Management LLC Sells 1,542 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Merriman Wealth Management LLC cut its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 1.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 106,726 shares of the company’s stock after selling 1,542 shares during the period. iShares MSCI USA Value Factor ETF accounts for 0.5% of Merriman Wealth Management LLC’s holdings, making the stock its 25th biggest holding. Merriman Wealth Management LLC owned about 0.16% of iShares MSCI USA Value Factor ETF worth $11,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $753,000. EverSource Wealth Advisors LLC lifted its position in iShares MSCI USA Value Factor ETF by 140.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 538 shares of the company’s stock valued at $54,000 after acquiring an additional 314 shares during the last quarter. Hilltop Holdings Inc. lifted its position in iShares MSCI USA Value Factor ETF by 5.0% during the fourth quarter. Hilltop Holdings Inc. now owns 15,446 shares of the company’s stock valued at $1,563,000 after acquiring an additional 742 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in iShares MSCI USA Value Factor ETF by 1.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 76,580 shares of the company’s stock valued at $7,747,000 after acquiring an additional 744 shares during the last quarter. Finally, Focus Financial Network Inc. ADV purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $3,893,000.

iShares MSCI USA Value Factor ETF Stock Down 0.5 %

BATS:VLUE opened at $108.37 on Friday. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40. The firm has a 50 day moving average of $105.47 and a 200 day moving average of $104.41. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.