JPMorgan Chase & Co. Sells 102,604 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

JPMorgan Chase & Co. lessened its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 21.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 380,837 shares of the company’s stock after selling 102,604 shares during the quarter. JPMorgan Chase & Co. owned about 0.56% of iShares MSCI USA Value Factor ETF worth $41,527,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Rhumbline Advisers bought a new stake in shares of iShares MSCI USA Value Factor ETF in the second quarter worth about $590,000. Savant Capital LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 0.9% in the 2nd quarter. Savant Capital LLC now owns 81,573 shares of the company’s stock worth $8,440,000 after buying an additional 730 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter worth about $44,000. Eagle Strategies LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 240.9% in the 2nd quarter. Eagle Strategies LLC now owns 17,755 shares of the company’s stock valued at $1,837,000 after acquiring an additional 12,546 shares during the last quarter. Finally, Foundry Financial Group Inc. raised its position in iShares MSCI USA Value Factor ETF by 126.3% during the second quarter. Foundry Financial Group Inc. now owns 4,332 shares of the company’s stock valued at $448,000 after purchasing an additional 2,418 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

BATS:VLUE opened at $106.50 on Monday. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The business has a 50 day simple moving average of $110.10 and a 200-day simple moving average of $107.52. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40.

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.