iShares MSCI USA Value Factor ETF $VLUE Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 551,790 shares of the company’s stock after selling 20,056 shares during the period. PNC Financial Services Group Inc. owned 0.94% of iShares MSCI USA Value Factor ETF worth $69,001,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. lifted its holdings in iShares MSCI USA Value Factor ETF by 306.9% in the 3rd quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock valued at $37,000 after purchasing an additional 221 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings 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 worth $37,000 after buying an additional 133 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $58,000. Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $74,000. Finally, Clearstead Trust LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter valued at approximately $88,000.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE stock opened at $151.56 on Tuesday. The company has a 50 day moving average price of $143.08 and a two-hundred day moving average price of $131.13. The stock has a market capitalization of $8.93 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year 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.