Parallel Advisors LLC Buys 3,829 Shares of iShares MSCI USA Value Factor ETF $VLUE

Parallel Advisors LLC increased its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 8.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 48,879 shares of the company’s stock after acquiring an additional 3,829 shares during the period. Parallel Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $9,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. Asset Dedication LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $44,000. Ashton Thomas Private Wealth LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 3.4% during the third quarter. Ashton Thomas Private Wealth LLC now owns 15,298 shares of the company’s stock valued at $3,029,000 after acquiring an additional 503 shares during the period. Heritage Family Offices LLP acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at $90,000. Arrow Investment Advisors LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at $6,302,000. Finally, Kestra Advisory Services LLC grew its position in shares of iShares MSCI USA Value Factor ETF by 21.5% during the third quarter. Kestra Advisory Services LLC now owns 17,844 shares of the company’s stock worth $3,533,000 after acquiring an additional 3,159 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of iShares MSCI USA Value Factor ETF stock traded up $0.20 during trading on Friday, hitting $182.19. 338,125 shares of the stock were exchanged, compared to its average volume of 1,100,135. The stock has a market cap of $10.74 billion, a PE ratio of 13.34 and a beta of 0.97. The stock’s fifty day moving average is $197.88 and its 200 day moving average is $179.70. iShares MSCI USA Value Factor ETF has a 12 month low of $124.55 and a 12 month high of $206.57.

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.