iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lowered its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 22.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 147,446 shares of the company’s stock after selling 42,811 shares during the period. iShares MSCI USA Value Factor ETF makes up approximately 0.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 27th largest position. Avidian Wealth Enterprises LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $18,438,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VLUE. Acropolis Investment Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the second quarter valued at $332,000. Alpha Omega Wealth Management LLC raised its stake in iShares MSCI USA Value Factor ETF by 6.2% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 2,336 shares of the company’s stock valued at $264,000 after purchasing an additional 137 shares during the last quarter. Squire Investment Management Company LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $615,000. Diversified Enterprises LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.6% during the 2nd quarter. Diversified Enterprises LLC now owns 3,224 shares of the company’s stock worth $365,000 after purchasing an additional 142 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 2.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 268,524 shares of the company’s stock worth $30,400,000 after purchasing an additional 7,087 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

BATS:VLUE opened at $142.82 on Wednesday. The firm has a 50 day simple moving average of $136.40 and a 200-day simple moving average of $126.55. The firm has a market cap of $8.42 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $116.51.

About iShares MSCI USA Value Factor ETF

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.