iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC cut its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.0% during the 1st quarter, HoldingsChannel reports. The firm owned 236,423 shares of the company’s stock after selling 17,855 shares during the quarter. iShares MSCI USA Value Factor ETF accounts for about 13.3% of Stonehearth Capital Management LLC’s portfolio, making the stock its largest position. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $33,617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Lloyd Advisory Services LLC. purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter worth about $33,000. Smartleaf Asset Management LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $46,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $50,000. Finally, Tucker Asset Management LLC lifted its position in iShares MSCI USA Value Factor ETF by 52.3% during the 4th quarter. Tucker Asset Management LLC now owns 437 shares of the company’s stock worth $60,000 after acquiring an additional 150 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Down 3.5%

BATS VLUE opened at $197.11 on Wednesday. The stock has a market cap of $11.62 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a fifty-two week low of $110.53 and a fifty-two week high of $204.51. The business has a 50 day moving average price of $182.30 and a two-hundred day moving average price of $157.83.

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.