Focus Financial Network Inc. Cuts Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Focus Financial Network Inc. cut its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 38,788 shares of the company’s stock after selling 219 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $4,096,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elk River Wealth Management LLC increased its stake in iShares MSCI USA Value Factor ETF by 3.4% during the third quarter. Elk River Wealth Management LLC now owns 157,741 shares of the company’s stock worth $17,200,000 after acquiring an additional 5,200 shares during the last quarter. Harbour Investments Inc. grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1.1% during the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock worth $1,582,000 after purchasing an additional 154 shares during the period. BNP Paribas Financial Markets increased its position in iShares MSCI USA Value Factor ETF by 1.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock worth $1,366,000 after purchasing an additional 171 shares in the last quarter. Bbjs Financial Advisors LLC raised its holdings in iShares MSCI USA Value Factor ETF by 0.8% in the third quarter. Bbjs Financial Advisors LLC now owns 56,095 shares of the company’s stock valued at $6,117,000 after buying an additional 418 shares during the period. Finally, OMNI 360 Wealth Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 1.8% in the third quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock valued at $957,000 after buying an additional 156 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 2.8 %

VLUE opened at $109.83 on Tuesday. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The company has a 50 day moving average of $108.71 and a two-hundred day moving average of $108.25. The company has a market cap of $7.42 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.