Connecticut Wealth Management LLC Invests $206,000 in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Connecticut Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,038 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors also recently modified their holdings of the company. Matson Money. Inc. boosted its stake in iShares MSCI USA Value Factor ETF by 10.5% during the fourth quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock valued at $404,098,000 after buying an additional 378,602 shares during the last quarter. Wharton Business Group LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 35.0% in the third quarter. Wharton Business Group LLC now owns 1,206,737 shares of the company’s stock valued at $109,475,000 after purchasing an additional 312,877 shares in the last quarter. Modera Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $81,771,000. International Assets Investment Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $44,024,000. Finally, State of Michigan Retirement System lifted its position in iShares MSCI USA Value Factor ETF by 9.7% during the fourth quarter. State of Michigan Retirement System now owns 323,500 shares of the company’s stock valued at $32,725,000 after purchasing an additional 28,700 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $102.27 on Tuesday. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40. The company’s 50-day moving average is $104.21 and its 200 day moving average is $99.52. The firm has a market capitalization of $6.91 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.