Parallel Advisors LLC Has $5.78 Million Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Parallel Advisors LLC trimmed its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) by 7.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,209 shares of the company’s stock after selling 4,503 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $5,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Synergy Investment Management LLC bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth $26,000. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth $71,000. Glen Eagle Advisors LLC boosted its position in iShares MSCI USA Value Factor ETF by 421.5% during the fourth quarter. Glen Eagle Advisors LLC now owns 678 shares of the company’s stock worth $72,000 after purchasing an additional 548 shares during the period. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth $85,000. Finally, Centricity Wealth Management LLC bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth $123,000.

iShares MSCI USA Value Factor ETF Price Performance

VLUE stock opened at $107.01 on Friday. The company has a fifty day moving average price of $103.30 and a two-hundred day moving average price of $107.38. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year high of $115.88. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 14.12 and a beta of 0.97.

iShares MSCI USA Value Factor ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Value Factor ETF (BATS:VLUE)

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