Cannon Financial Strategists Inc. Has $2.19 Million Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Cannon Financial Strategists Inc. reduced its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 29.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,326 shares of the company’s stock after selling 7,989 shares during the period. iShares MSCI USA Value Factor ETF accounts for approximately 0.3% of Cannon Financial Strategists Inc.’s holdings, making the stock its 24th largest holding. Cannon Financial Strategists Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $2,188,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VLUE. Bank of New York Mellon Corp boosted its holdings in iShares MSCI USA Value Factor ETF by 169.5% during the first quarter. Bank of New York Mellon Corp now owns 195,319 shares of the company’s stock worth $20,831,000 after buying an additional 122,832 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at about $643,000. Greenleaf Trust increased its stake in shares of iShares MSCI USA Value Factor ETF by 23.2% in the 1st quarter. Greenleaf Trust now owns 8,496 shares of the company’s stock valued at $906,000 after acquiring an additional 1,600 shares during the last quarter. Leavell Investment Management Inc. raised its position in shares of iShares MSCI USA Value Factor ETF by 8.4% in the 1st quarter. Leavell Investment Management Inc. now owns 4,795 shares of the company’s stock valued at $511,000 after acquiring an additional 373 shares during the period. Finally, Cerity Partners LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 4.5% in the 1st quarter. Cerity Partners LLC now owns 767,409 shares of the company’s stock valued at $81,844,000 after acquiring an additional 33,333 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS VLUE opened at $130.17 on Friday. iShares MSCI USA Value Factor ETF has a 52-week low of $91.80 and a 52-week high of $116.51. The stock has a market cap of $7.67 billion, a P/E ratio of 13.34 and a beta of 0.97. The firm has a 50 day moving average price of $125.19 and a 200 day moving average price of $116.07.

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.