Able Wealth Management LLC Sells 1,319 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Able Wealth Management LLC lowered its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 17.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,129 shares of the company’s stock after selling 1,319 shares during the period. Able Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $654,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 17.4% during the 1st quarter. Sound Income Strategies LLC now owns 798 shares of the company’s stock valued at $85,000 after buying an additional 118 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in iShares MSCI USA Value Factor ETF by 1.2% during the first quarter. Physician Wealth Advisors Inc. now owns 9,653 shares of the company’s stock valued at $1,030,000 after acquiring an additional 119 shares during the last quarter. Almanack Investment Partners LLC. grew its position in iShares MSCI USA Value Factor ETF by 1.6% during the first quarter. Almanack Investment Partners LLC. now owns 9,570 shares of the company’s stock valued at $1,021,000 after acquiring an additional 151 shares during the last quarter. MML Investors Services LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 0.4% during the fourth quarter. MML Investors Services LLC now owns 56,190 shares of the company’s stock worth $5,934,000 after acquiring an additional 202 shares in the last quarter. Finally, Eagle Strategies LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 1.2% in the 4th quarter. Eagle Strategies LLC now owns 18,006 shares of the company’s stock valued at $1,902,000 after purchasing an additional 212 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 7.8%

BATS VLUE opened at $115.20 on Thursday. The company has a 50-day simple moving average of $107.91 and a two-hundred day simple moving average of $107.06. iShares MSCI USA Value Factor ETF has a 12-month low of $91.80 and a 12-month high of $115.88. The firm has a market cap of $6.79 billion, a price-to-earnings 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.