Assetmark Inc. Sells 2,913 Shares of iShares MSCI USA Value Factor ETF $VLUE

Assetmark Inc. reduced its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 20.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,440 shares of the company’s stock after selling 2,913 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,627,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VLUE. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI USA Value Factor ETF by 2.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after purchasing an additional 586,241 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI USA Value Factor ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock worth $221,205,000 after purchasing an additional 17,069 shares in the last quarter. Caisse de depot et placement du Quebec acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $187,061,000. Morgan Stanley grew its position in shares of iShares MSCI USA Value Factor ETF by 13.2% during the 4th quarter. Morgan Stanley now owns 840,473 shares of the company’s stock worth $114,918,000 after buying an additional 98,160 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares MSCI USA Value Factor ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock worth $73,584,000 after buying an additional 11,704 shares during the period.

iShares MSCI USA Value Factor ETF Stock Down 0.5%

iShares MSCI USA Value Factor ETF stock opened at $194.64 on Friday. iShares MSCI USA Value Factor ETF has a 12-month low of $110.53 and a 12-month high of $206.57. The firm’s fifty day moving average is $194.78 and its 200 day moving average is $167.01. The company has a market capitalization of $11.47 billion, a PE ratio of 13.34 and a beta of 0.97.

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.