Envestnet Asset Management Inc. lifted its holdings in shares of iShares Edge MSCI USA Value Factor ETF (BATS:VLUE) by 526.9% in the second quarter, Holdings Channel.com reports. The fund owned 10,944,937 shares of the company’s stock after purchasing an additional 9,198,936 shares during the quarter. iShares Edge MSCI USA Value Factor ETF accounts for approximately 0.8% of Envestnet Asset Management Inc.’s portfolio, making the stock its 27th largest position. Envestnet Asset Management Inc.’s holdings in iShares Edge MSCI USA Value Factor ETF were worth $791,099,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its position in iShares Edge MSCI USA Value Factor ETF by 24.3% in the fourth quarter. Bank of America Corp DE now owns 2,776,322 shares of the company’s stock worth $249,119,000 after purchasing an additional 542,731 shares in the last quarter. BlackRock Inc. boosted its stake in iShares Edge MSCI USA Value Factor ETF by 0.3% in the 1st quarter. BlackRock Inc. now owns 2,686,784 shares of the company’s stock valued at $169,268,000 after buying an additional 8,623 shares in the last quarter. Strategic Investment Management LLC grew its position in iShares Edge MSCI USA Value Factor ETF by 3.1% in the first quarter. Strategic Investment Management LLC now owns 2,031,650 shares of the company’s stock valued at $127,993,000 after acquiring an additional 61,010 shares during the period. CWM LLC raised its stake in iShares Edge MSCI USA Value Factor ETF by 18.3% during the first quarter. CWM LLC now owns 1,908,316 shares of the company’s stock worth $120,224,000 after acquiring an additional 295,066 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in iShares Edge MSCI USA Value Factor ETF by 24.8% during the first quarter. Mercer Global Advisors Inc. ADV now owns 1,714,127 shares of the company’s stock worth $107,990,000 after acquiring an additional 340,582 shares in the last quarter.

Shares of VLUE traded up $0.22 during trading hours on Wednesday, hitting $71.85. The stock had a trading volume of 1,256,191 shares. The company’s fifty day moving average is $72.74 and its two-hundred day moving average is $76.43. iShares Edge MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40.

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Institutional Ownership by Quarter for iShares Edge MSCI USA Value Factor ETF (BATS:VLUE)

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