LPL Financial LLC Has $56.05 Million Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

LPL Financial LLC trimmed its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 21.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 530,755 shares of the company’s stock after selling 144,949 shares during the quarter. LPL Financial LLC owned 0.79% of iShares MSCI USA Value Factor ETF worth $56,053,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. EFG Asset Management Americas Corp. increased its position in shares of iShares MSCI USA Value Factor ETF by 19.0% during the fourth quarter. EFG Asset Management Americas Corp. now owns 36,178 shares of the company’s stock worth $3,821,000 after acquiring an additional 5,787 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in iShares MSCI USA Value Factor ETF by 1.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock worth $1,366,000 after purchasing an additional 171 shares during the period. QRG Capital Management Inc. bought a new position in iShares MSCI USA Value Factor ETF during the 4th quarter worth about $256,000. Assetmark Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 4.1% in the 4th quarter. Assetmark Inc. now owns 15,974 shares of the company’s stock valued at $1,687,000 after purchasing an additional 632 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 5.4% in the third quarter. Integrated Wealth Concepts LLC now owns 270,951 shares of the company’s stock valued at $29,544,000 after purchasing an additional 13,946 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

VLUE stock opened at $107.42 on Friday. The stock has a market capitalization of $7.13 billion, a P/E ratio of 14.85 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a fifty-two week low of $98.51 and a fifty-two week high of $115.88. The business has a 50-day moving average of $109.57 and a 200-day moving average of $109.29.

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.