iShares MSCI USA Value Factor ETF $VLUE Stock: Marks Wealth LLC Lowers Position

Marks Wealth LLC reduced its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 66.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,919 shares of the company’s stock after selling 361,535 shares during the period. iShares MSCI USA Value Factor ETF accounts for 7.8% of Marks Wealth LLC’s portfolio, making the stock its 5th biggest holding. Marks Wealth LLC owned 0.31% of iShares MSCI USA Value Factor ETF worth $35,624,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Continuum Advisory LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the second quarter worth $32,000. Morling Financial Advisors LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $36,000. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 61.4% during the 2nd quarter. GAMMA Investing LLC now owns 205 shares of the company’s stock valued at $41,000 after buying an additional 78 shares in the last quarter. NBT Bank N.A. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth $57,000. Finally, Western Wealth Management LLC bought a new position in iShares MSCI USA Value Factor ETF in the 1st quarter worth $41,000.

iShares MSCI USA Value Factor ETF Stock Up 0.2%

BATS VLUE opened at $193.02 on Thursday. iShares MSCI USA Value Factor ETF has a twelve month low of $124.55 and a twelve month high of $206.57. The business has a 50-day moving average price of $198.65 and a 200-day moving average price of $179.32. The firm has a market cap of $11.38 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.