Alterna Wealth Management Inc. Has $274,000 Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Alterna Wealth Management Inc. reduced its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,590 shares of the company’s stock after selling 127 shares during the quarter. Alterna Wealth Management Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $274,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Wharton Business Group LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 15.6% in the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after purchasing an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at about $5,920,000. Nomura Asset Management Co. Ltd. acquired a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at about $3,664,000. Sanctuary Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth about $2,062,000. Finally, Mason Investment Advisory Services Inc. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after buying an additional 19,941 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE opened at $110.02 on Monday. The company has a market capitalization of $7.43 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40. The business’s 50 day simple moving average is $109.21 and its 200-day simple moving average is $108.16.

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.