Montecito Bank & Trust Has $486,000 Stock Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Montecito Bank & Trust lessened its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,602 shares of the company’s stock after selling 121 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MSCI USA Value Factor ETF were worth $486,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VLUE. Studio Investment Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at about $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth about $29,000. Armstrong Advisory Group Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $30,000. MGB Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $30,000. Finally, Northwest Investment Counselors LLC acquired a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $46,000.

iShares MSCI USA Value Factor ETF Price Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $111.02 on Friday. The company’s 50 day moving average price is $109.40 and its two-hundred day moving average price is $108.01. The firm has a market capitalization of $7.50 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40.

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.