Nova R Wealth Inc. Sells 208 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Nova R Wealth Inc. decreased its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 8.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,158 shares of the company’s stock after selling 208 shares during the period. Nova R Wealth Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $230,000 as of its most recent SEC filing.

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

iShares MSCI USA Value Factor ETF Stock Up 4.3%

Shares of VLUE stock opened at $111.41 on Thursday. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $115.88. The stock’s fifty day simple moving average is $106.42 and its 200 day simple moving average is $106.95. The firm has a market capitalization of $6.57 billion, a P/E ratio of 13.34 and a beta of 0.97.

iShares MSCI USA Value Factor ETF 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.