Commonwealth Equity Services LLC Reduces Position in iShares MSCI USA Value Factor ETF $VLUE

Commonwealth Equity Services LLC trimmed its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 11.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,765 shares of the company’s stock after selling 19,690 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $19,729,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new position in iShares MSCI USA Value Factor ETF in the second quarter valued at $26,000. Salem Investment Counselors Inc. boosted its position in shares of iShares MSCI USA Value Factor ETF by 306.9% during the 3rd quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock worth $37,000 after acquiring an additional 221 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of iShares MSCI USA Value Factor ETF by 69.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after acquiring an additional 133 shares during the last quarter. Berkshire Money Management Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $87,000. Finally, Clearstead Trust LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth about $88,000.

iShares MSCI USA Value Factor ETF Stock Up 35.0%

VLUE stock opened at $144.26 on Friday. The business has a 50 day moving average price of $134.48 and a 200 day moving average price of $124.90. The stock has a market cap of $8.50 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a fifty-two week low of $91.80 and a fifty-two week high of $116.51.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.