Saxon Interests Inc. Sells 2,632 Shares of iShares MSCI USA Value Factor ETF $VLUE

Saxon Interests Inc. lowered its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 15.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,278 shares of the company’s stock after selling 2,632 shares during the period. Saxon Interests Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $2,030,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in VLUE. Northwestern Mutual Wealth Management Co. boosted its position in 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 valued at $3,110,135,000 after buying an additional 586,241 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares MSCI USA Value Factor ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock worth $221,205,000 after buying an additional 17,069 shares during the period. Caisse de depot et placement du Quebec bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $187,061,000. Morgan Stanley boosted its holdings 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 valued at $114,918,000 after acquiring an additional 98,160 shares during the period. Finally, LPL Financial LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock valued at $73,584,000 after acquiring an additional 11,704 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $191.87 on Wednesday. The stock’s 50 day simple moving average is $190.19 and its 200 day simple moving average is $162.12. The firm has a market cap of $11.31 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1 year low of $110.53 and a 1 year high of $206.57.

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.