3,829 iShares MSCI USA Value Factor ETF $VLUE Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increased its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,879 shares of the company’s stock after buying an additional 3,829 shares during the period. Parallel Advisors LLC owned about 0.08% of iShares MSCI USA Value Factor ETF worth $9,678,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Asset Dedication LLC bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $44,000. Ashton Thomas Private Wealth LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 3.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 15,298 shares of the company’s stock worth $3,029,000 after purchasing an additional 503 shares during the last quarter. Heritage Family Offices LLP acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $90,000. Arrow Investment Advisors LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $6,302,000. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 21.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 17,844 shares of the company’s stock valued at $3,533,000 after purchasing an additional 3,159 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock traded up $0.20 during trading hours on Friday, hitting $182.19. 338,125 shares of the company were exchanged, compared to its average volume of 1,100,135. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $124.55 and a one year high of $206.57. The business’s 50-day simple moving average is $197.88 and its two-hundred day simple moving average is $179.70.

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