Focus Partners Advisor Solutions LLC Trims Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Focus Partners Advisor Solutions LLC cut its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 13.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,984 shares of the company’s stock after selling 7,343 shares during the quarter. Focus Partners Advisor Solutions LLC owned about 0.08% of iShares MSCI USA Value Factor ETF worth $6,126,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in 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 buying an additional 904,701 shares in the last quarter. Mason Street Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $40,016,000. Soundwatch Capital LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth approximately $33,406,000. Orion Porfolio Solutions LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after acquiring an additional 179,630 shares in the last quarter. Finally, CW Advisors LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at approximately $17,716,000.

iShares MSCI USA Value Factor ETF Stock Down 2.1%

BATS VLUE opened at $147.10 on Wednesday. The firm has a market capitalization of $8.67 billion, a PE ratio of 13.34 and a beta of 0.97. The stock’s 50 day moving average is $146.24 and its 200 day moving average is $133.93. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $154.31.

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.