Assetmark Inc. Sells 26,546 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Assetmark Inc. trimmed its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 61.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,578 shares of the company’s stock after selling 26,546 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Matson Money. Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 10.5% in the fourth quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock worth $404,098,000 after buying an additional 378,602 shares during the last quarter. Modera Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter worth about $81,771,000. International Assets Investment Management LLC purchased a new position in iShares MSCI USA Value Factor ETF in the fourth quarter worth about $44,024,000. Strategic Financial Services Inc raised its holdings in iShares MSCI USA Value Factor ETF by 3.0% in the fourth quarter. Strategic Financial Services Inc now owns 397,739 shares of the company’s stock worth $40,235,000 after buying an additional 11,406 shares during the last quarter. Finally, State of Michigan Retirement System raised its holdings in iShares MSCI USA Value Factor ETF by 9.7% in the fourth quarter. State of Michigan Retirement System now owns 323,500 shares of the company’s stock worth $32,725,000 after buying an additional 28,700 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $103.42 on Friday. The stock has a market capitalization of $6.99 billion, a PE ratio of 13.26 and a beta of 0.87. 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 50-day simple moving average of $104.03 and a two-hundred day simple moving average of $100.95.

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.