Janney Montgomery Scott LLC Decreases Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Janney Montgomery Scott LLC decreased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 264,330 shares of the company’s stock after selling 159 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $27,916,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Client 1ST Advisory Group LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $1,152,000. Financial & Tax Architects LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 7.6% in the 4th quarter. Financial & Tax Architects LLC now owns 20,644 shares of the company’s stock valued at $2,180,000 after purchasing an additional 1,458 shares in the last quarter. Merit Financial Group LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 49.1% in the 4th quarter. Merit Financial Group LLC now owns 9,930 shares of the company’s stock valued at $1,049,000 after purchasing an additional 3,272 shares in the last quarter. JGP Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 4th quarter valued at $292,000. Finally, Kathmere Capital Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 3.1% in the 4th quarter. Kathmere Capital Management LLC now owns 455,056 shares of the company’s stock valued at $48,058,000 after purchasing an additional 13,823 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock opened at $111.02 on Friday. The stock’s fifty day moving average is $109.40 and its two-hundred day moving average is $108.01. The firm has a market capitalization of $7.50 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40.

iShares MSCI USA Value Factor ETF 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.