Cerro Pacific Wealth Advisors LLC Cuts Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Cerro Pacific Wealth Advisors LLC reduced its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 72,030 shares of the company’s stock after selling 4,378 shares during the period. iShares MSCI USA Value Factor ETF makes up 2.7% of Cerro Pacific Wealth Advisors LLC’s portfolio, making the stock its 9th biggest position. Cerro Pacific Wealth Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $9,849,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 69.3% during the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 64.0% in the third quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock worth $51,000 after buying an additional 160 shares during the period. Root Financial Partners LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $58,000. EverSource Wealth Advisors LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 42.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock valued at $66,000 after acquiring an additional 159 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $74,000.

iShares MSCI USA Value Factor ETF Trading Down 0.2%

BATS VLUE opened at $167.96 on Tuesday. The stock has a market cap of $9.90 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $103.02 and a 12 month high of $169.96. The company’s 50-day moving average price is $150.31 and its 200-day moving average price is $142.27.

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