First Horizon Advisors Inc. Decreases Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

First Horizon Advisors Inc. decreased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 24.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 4,223 shares of the company’s stock after selling 1,344 shares during the period. First Horizon Advisors Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $461,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Rothschild Investment LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth $26,000. Armstrong Advisory Group Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth $30,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Value Factor ETF during the second quarter worth about $44,000. Northwest Investment Counselors LLC acquired a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $46,000. Finally, GPS Wealth Strategies Group LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter worth $47,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock opened at $112.86 on Friday. The firm’s 50 day moving average price is $109.47 and its 200-day moving average price is $106.05. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40. The firm has a market cap of $7.62 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.