iShares MSCI USA Value Factor ETF $VLUE Stock: Gilpin Wealth Management LLC Trims Position

Gilpin Wealth Management LLC lessened its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 45.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,565 shares of the company’s stock after selling 10,275 shares during the period. iShares MSCI USA Value Factor ETF accounts for approximately 1.7% of Gilpin Wealth Management LLC’s portfolio, making the stock its 14th largest position. Gilpin Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,488,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of iShares MSCI USA Value Factor ETF by 0.3% during the first quarter. Bank of America Corp DE now owns 1,612,286 shares of the company’s stock worth $229,251,000 after purchasing an additional 5,584 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 1.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock valued at $79,418,000 after purchasing an additional 8,335 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 31.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock valued at $63,568,000 after purchasing an additional 107,102 shares during the period. Focus Partners Wealth boosted its position in shares of iShares MSCI USA Value Factor ETF by 16.1% in the 4th quarter. Focus Partners Wealth now owns 328,961 shares of the company’s stock valued at $44,979,000 after purchasing an additional 45,632 shares during the period. Finally, Royal Bank of Canada grew its stake in iShares MSCI USA Value Factor ETF by 75.4% during the 1st quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after buying an additional 131,527 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Down 0.3%

Shares of BATS VLUE opened at $199.51 on Friday. iShares MSCI USA Value Factor ETF has a twelve month low of $122.27 and a twelve month high of $206.57. The stock has a 50 day moving average of $200.60 and a two-hundred day moving average of $187.21. The stock has a market cap of $11.76 billion, a P/E ratio of 13.34 and a beta of 0.97.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.