Waddell & Associates LLC Decreases Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Waddell & Associates LLC cut its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.8% in the 3rd quarter, Holdings Channel reports. The fund owned 53,490 shares of the company’s stock after selling 4,497 shares during the period. iShares MSCI USA Value Factor ETF accounts for about 0.7% of Waddell & Associates LLC’s investment portfolio, making the stock its 17th biggest position. Waddell & Associates LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $5,833,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Russell Investments Group Ltd. raised its holdings in iShares MSCI USA Value Factor ETF by 464.0% in the first quarter. Russell Investments Group Ltd. now owns 784 shares of the company’s stock valued at $85,000 after acquiring an additional 645 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of iShares MSCI USA Value Factor ETF by 85.4% during the first quarter. Bessemer Group Inc. now owns 1,828 shares of the company’s stock worth $197,000 after purchasing an additional 842 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in iShares MSCI USA Value Factor ETF by 4.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 14,791 shares of the company’s stock worth $1,602,000 after purchasing an additional 600 shares in the last quarter. Atria Investments Inc bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter valued at about $1,042,000. Finally, Cetera Investment Advisers raised its stake in iShares MSCI USA Value Factor ETF by 954.7% during the first quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock valued at $8,301,000 after buying an additional 69,377 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 1.1 %

BATS:VLUE opened at $114.13 on Friday. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40. The company has a market cap of $7.71 billion, a PE ratio of 13.26 and a beta of 0.87. The business’s 50 day moving average is $109.63 and its two-hundred day moving average is $106.09.

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.