iShares MSCI USA Value Factor ETF $VLUE Shares Sold by Lido Advisors LLC

Lido Advisors LLC trimmed its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 15.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 132,336 shares of the company’s stock after selling 24,814 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $18,817,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI USA Value Factor ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after purchasing an additional 586,241 shares in the last quarter. Bank of America Corp DE boosted its position in shares of iShares MSCI USA Value Factor ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock valued at $221,205,000 after purchasing an additional 17,069 shares during the period. Caisse de depot et placement du Quebec acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $187,061,000. Morgan Stanley grew its stake in iShares MSCI USA Value Factor ETF by 13.2% during the 4th quarter. Morgan Stanley now owns 840,473 shares of the company’s stock worth $114,918,000 after buying an additional 98,160 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares MSCI USA Value Factor ETF by 1.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock worth $79,418,000 after buying an additional 8,335 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 0.1%

VLUE opened at $195.60 on Friday. iShares MSCI USA Value Factor ETF has a 52 week low of $110.53 and a 52 week high of $206.57. The business’s 50 day moving average is $194.49 and its two-hundred day moving average is $166.81. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.