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

Truist Financial Corp lessened its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,299 shares of the company’s stock after selling 281 shares during the quarter. Truist Financial Corp’s holdings in iShares MSCI USA Value Factor ETF were worth $652,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in iShares MSCI USA Value Factor ETF by 2.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after purchasing an additional 480,177 shares during the last quarter. State of Michigan Retirement System lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 41.1% in the 1st quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock valued at $49,433,000 after acquiring an additional 132,900 shares during the last quarter. Cetera Investment Advisers grew its position in iShares MSCI USA Value Factor ETF by 954.7% in the first quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock worth $8,301,000 after acquiring an additional 69,377 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth approximately $44,000. Finally, SageView Advisory Group LLC raised its position in iShares MSCI USA Value Factor ETF by 241.9% during the first quarter. SageView Advisory Group LLC now owns 58,475 shares of the company’s stock valued at $6,384,000 after purchasing an additional 41,374 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $110.00 on Wednesday. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The stock has a 50 day moving average price of $106.44 and a 200-day moving average price of $104.76. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one 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.