Bank of America Corp DE Has $229.25 Million Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

by · The Markets Daily

Bank of America Corp DE raised its position in iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) by 0.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,612,286 shares of the company’s stock after acquiring an additional 5,584 shares during the period. Bank of America Corp DE’s holdings in iShares MSCI USA Value Factor ETF were worth $229,251,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after acquiring an additional 586,241 shares in the last quarter. Caisse de depot et placement du Quebec acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $187,061,000. Morgan Stanley lifted its position in shares of iShares MSCI USA Value Factor ETF by 13.2% in the fourth quarter. Morgan Stanley now owns 840,473 shares of the company’s stock worth $114,918,000 after purchasing an additional 98,160 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI USA Value Factor ETF by 1.5% in the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock worth $79,418,000 after purchasing an additional 8,335 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock worth $73,584,000 after purchasing an additional 11,704 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 0.9%

Shares of VLUE opened at $192.91 on Tuesday. The stock has a market capitalization of $11.37 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $111.96 and a 12 month high of $206.57. The firm has a fifty day simple moving average of $195.90 and a 200 day simple moving average of $169.28.

iShares MSCI USA Value Factor ETF Profile

(Free Report)

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.

Further Reading

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