Fmr LLC Has $34.05 Million Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Fmr LLC reduced its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 312,273 shares of the company’s stock after selling 6,890 shares during the quarter. Fmr LLC owned 0.46% of iShares MSCI USA Value Factor ETF worth $34,050,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Rothschild Investment LLC bought a new stake in iShares MSCI USA Value Factor ETF during the second quarter valued at $26,000. Studio Investment Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $28,000. MGB Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $30,000. Armstrong Advisory Group Inc. acquired a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth approximately $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $46,000.

iShares MSCI USA Value Factor ETF Trading Down 0.1 %

BATS:VLUE opened at $112.36 on Monday. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The firm has a fifty day simple moving average of $110.91 and a two-hundred day simple moving average of $106.92.

iShares MSCI USA Value Factor ETF 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.