Dorsey & Whitney Trust CO LLC Trims Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Dorsey & Whitney Trust CO LLC reduced its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,675 shares of the company’s stock after selling 1,500 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,028,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $27,277,000. Wharton Business Group LLC increased its position in shares of 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 worth $140,708,000 after acquiring an additional 174,330 shares during the period. SVB Wealth LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $9,804,000. Mason Investment Advisory Services Inc. increased its position in shares of iShares MSCI USA Value Factor ETF by 1.8% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 4,588,101 shares of the company’s stock worth $484,549,000 after acquiring an additional 78,917 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $7,655,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $108.83 on Friday. The firm has a market cap of $7.32 billion, a PE ratio of 16.17 and a beta of 1.03. The firm’s 50 day simple moving average is $109.33 and its 200-day simple moving average is $109.19. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40.

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.