Franklin Resources Inc. Lowers Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Franklin Resources Inc. lowered its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,459,802 shares of the company’s stock after selling 52,098 shares during the period. Franklin Resources Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $161,965,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VLUE. Destination Wealth Management acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $237,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $29,000. Nomura Asset Management Co. Ltd. acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $3,664,000. EP Wealth Advisors LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock worth $3,006,000 after purchasing an additional 122 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 4.8% in the 3rd quarter. Insigneo Advisory Services LLC now owns 12,032 shares of the company’s stock valued at $1,312,000 after acquiring an additional 555 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

BATS VLUE opened at $109.79 on Monday. The stock’s fifty day moving average price is $111.11 and its 200 day moving average price is $107.16. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40. The company has a market cap of $7.42 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.