Concurrent Investment Advisors LLC Reduces Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Concurrent Investment Advisors LLC lowered its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 48.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,916 shares of the company’s stock after selling 2,740 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $308,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Wharton Business Group LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 15.6% during the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after purchasing an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $5,920,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $4,466,000. Nomura Asset Management Co. Ltd. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth approximately $3,664,000. Finally, Mason Investment Advisory Services Inc. grew its stake in iShares MSCI USA Value Factor ETF by 0.4% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock valued at $491,681,000 after buying an additional 19,941 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $111.22 on Wednesday. The stock has a market capitalization of $7.48 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03. The company’s fifty day simple moving average is $108.77 and its two-hundred day simple moving average is $108.86. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40.

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.