Goldstein Advisors LLC Sells 1,429 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Goldstein Advisors LLC trimmed its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 32.4% in the first quarter, Holdings Channel.com reports. The fund owned 2,986 shares of the company’s stock after selling 1,429 shares during the quarter. Goldstein Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $318,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VLUE. BNP Paribas Financial Markets raised its position in shares of iShares MSCI USA Value Factor ETF by 9,534.6% during the fourth quarter. BNP Paribas Financial Markets now owns 1,207,025 shares of the company’s stock worth $127,474,000 after acquiring an additional 1,194,497 shares during the last quarter. Horizon Investments LLC bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $34,473,000. Raymond James Financial Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $27,277,000. SVB Wealth LLC bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $9,804,000. Finally, Mason Investment Advisory Services Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 1.8% in the fourth quarter. Mason Investment Advisory Services Inc. now owns 4,588,101 shares of the company’s stock worth $484,549,000 after purchasing an additional 78,917 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock opened at $111.41 on Thursday. The company has a market cap of $6.57 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock has a 50 day simple moving average of $106.42 and a two-hundred day simple moving average of $106.95. iShares MSCI USA Value Factor ETF has a fifty-two week low of $91.80 and a fifty-two week high of $115.88.

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.