Wharton Business Group LLC Has $150.85 Million Position in iShares MSCI USA Value Factor ETF $VLUE

Wharton Business Group LLC cut its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,206,307 shares of the company’s stock after selling 4,135 shares during the quarter. iShares MSCI USA Value Factor ETF accounts for approximately 5.9% of Wharton Business Group LLC’s holdings, making the stock its 2nd largest position. Wharton Business Group LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $150,849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI USA Value Factor ETF by 4.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,582,330 shares of the company’s stock worth $2,443,336,000 after purchasing an additional 904,701 shares during the last quarter. Mason Investment Advisory Services Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 1.0% in the 2nd quarter. Mason Investment Advisory Services Inc. now owns 4,664,066 shares of the company’s stock worth $528,019,000 after buying an additional 48,386 shares in the last quarter. State of Michigan Retirement System raised its position in iShares MSCI USA Value Factor ETF by 27.1% in the 2nd quarter. State of Michigan Retirement System now owns 566,800 shares of the company’s stock worth $64,167,000 after buying an additional 120,900 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in iShares MSCI USA Value Factor ETF by 1.2% during the 3rd quarter. Kathmere Capital Management LLC now owns 459,226 shares of the company’s stock valued at $57,426,000 after acquiring an additional 5,626 shares during the period. Finally, Mason Street Advisors LLC bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $40,016,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock traded up $0.34 during trading hours on Friday, reaching $151.72. The company had a trading volume of 46,293 shares, compared to its average volume of 1,206,634. The business has a fifty day moving average price of $143.93 and a 200-day moving average price of $131.69. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year high of $154.31. The firm has a market cap of $8.94 billion, a PE ratio of 13.34 and a beta of 0.97.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.