SVB Wealth LLC Sells 10,599 Shares of iShares MSCI USA Value Factor ETF $VLUE

SVB Wealth LLC reduced its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 26.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,906 shares of the company’s stock after selling 10,599 shares during the period. SVB Wealth LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,952,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Financial Partners Group Inc bought a new position in iShares MSCI USA Value Factor ETF in the 4th quarter valued at about $232,000. RFG Advisory LLC lifted its stake in iShares MSCI USA Value Factor ETF by 126.0% during the 4th quarter. RFG Advisory LLC now owns 5,861 shares of the company’s stock valued at $801,000 after acquiring an additional 3,268 shares in the last quarter. Destiny Wealth Partners LLC bought a new position in iShares MSCI USA Value Factor ETF during the 4th quarter valued at $209,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares MSCI USA Value Factor ETF during the 4th quarter valued at $224,000. Finally, Marks Wealth LLC bought a new position in iShares MSCI USA Value Factor ETF during the 4th quarter valued at $34,563,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $182.59 on Monday. The stock’s fifty day simple moving average is $151.76 and its two-hundred day simple moving average is $143.31. iShares MSCI USA Value Factor ETF has a 1-year low of $104.68 and a 1-year high of $183.01. The stock has a market cap of $10.76 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.