PNC Financial Services Group Inc. Has $63.56 Million Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

PNC Financial Services Group Inc. decreased its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 601,813 shares of the company’s stock after selling 18,313 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.89% of iShares MSCI USA Value Factor ETF worth $63,557,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. BCGM Wealth Management LLC raised its position in iShares MSCI USA Value Factor ETF by 3.0% in the 4th quarter. BCGM Wealth Management LLC now owns 3,303 shares of the company’s stock valued at $349,000 after purchasing an additional 97 shares during the last quarter. Sound Income Strategies LLC raised its position in iShares MSCI USA Value Factor ETF by 17.9% in the 4th quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after purchasing an additional 103 shares during the last quarter. RHS Financial LLC raised its position in iShares MSCI USA Value Factor ETF by 2.7% in the 4th quarter. RHS Financial LLC now owns 3,911 shares of the company’s stock valued at $413,000 after purchasing an additional 104 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares MSCI USA Value Factor ETF by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,676 shares of the company’s stock valued at $3,345,000 after purchasing an additional 114 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its position in iShares MSCI USA Value Factor ETF by 0.4% in the 3rd quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock valued at $3,006,000 after purchasing an additional 122 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE opened at $108.83 on Monday. The stock has a fifty day moving average price of $109.33 and a two-hundred day moving average price of $109.25. 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 market cap of $7.32 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03.

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.