iShares MSCI USA Value Factor ETF (BATS:VLUE) Shares Sold by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. lowered its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 43.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,433 shares of the company’s stock after selling 4,178 shares during the quarter. Alterna Wealth Management Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Mendel Money Management raised its position in shares of iShares MSCI USA Value Factor ETF by 2.4% during the 4th quarter. Mendel Money Management now owns 4,590 shares of the company’s stock worth $418,000 after purchasing an additional 106 shares during the period. Scotia Capital Inc. raised its position in iShares MSCI USA Value Factor ETF by 5.3% in the first quarter. Scotia Capital Inc. now owns 2,384 shares of the company’s stock worth $221,000 after acquiring an additional 119 shares in the last quarter. Creative Financial Designs Inc. ADV raised its position in iShares MSCI USA Value Factor ETF by 17.9% in the first quarter. Creative Financial Designs Inc. ADV now owns 818 shares of the company’s stock worth $76,000 after acquiring an additional 124 shares in the last quarter. Mach 1 Financial Group LLC bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter worth about $11,666,000. Finally, Chicago Partners Investment Group LLC raised its position in iShares MSCI USA Value Factor ETF by 1.9% in the first quarter. Chicago Partners Investment Group LLC now owns 7,611 shares of the company’s stock worth $698,000 after acquiring an additional 142 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 0.1 %

iShares MSCI USA Value Factor ETF stock traded up $0.13 during midday trading on Wednesday, hitting $94.13. The company’s stock had a trading volume of 176,566 shares. The stock’s 50-day moving average price is $94.75 and its 200-day moving average price is $92.47. The company has a market capitalization of $6.70 billion, a PE ratio of 8.51 and a beta of 1.04. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40.

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.