Truist Financial Corp Trims Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Truist Financial Corp reduced its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 15.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,227 shares of the company’s stock after selling 990 shares during the period. Truist Financial Corp’s holdings in iShares MSCI USA Value Factor ETF were worth $552,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Harbour Investments Inc. grew its position in shares of iShares MSCI USA Value Factor ETF by 1.1% during the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock valued at $1,582,000 after purchasing an additional 154 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares MSCI USA Value Factor ETF by 1.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock valued at $1,366,000 after purchasing an additional 171 shares in the last quarter. Schrum Private Wealth Management LLC grew its position in shares of iShares MSCI USA Value Factor ETF by 79.6% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 4,974 shares of the company’s stock valued at $542,000 after purchasing an additional 2,204 shares in the last quarter. Atria Investments Inc grew its position in shares of iShares MSCI USA Value Factor ETF by 3.8% during the 3rd quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock valued at $829,000 after purchasing an additional 277 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of iShares MSCI USA Value Factor ETF by 5.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 270,951 shares of the company’s stock valued at $29,544,000 after purchasing an additional 13,946 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $109.48 on Tuesday. The company has a fifty day moving average price of $109.23 and a 200-day moving average price of $109.17. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40. The firm has a market capitalization of $7.36 billion, a P/E ratio of 16.17 and a beta of 1.03.

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.