Berkshire Money Management Inc. Buys New Stake in iShares MSCI USA Value Factor ETF $VLUE

Berkshire Money Management Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 772 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Confluence Wealth Services Inc. grew its position in iShares MSCI USA Value Factor ETF by 16.2% in the 2nd quarter. Confluence Wealth Services Inc. now owns 2,898 shares of the company’s stock valued at $328,000 after buying an additional 404 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter worth approximately $26,000. Syntax Research Inc. boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 15.5% in the second quarter. Syntax Research Inc. now owns 69,620 shares of the company’s stock valued at $7,882,000 after acquiring an additional 9,328 shares in the last quarter. Claris Advisors LLC MO acquired a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter valued at approximately $1,449,000. Finally, Janney Montgomery Scott LLC raised its holdings in iShares MSCI USA Value Factor ETF by 2.7% during the second quarter. Janney Montgomery Scott LLC now owns 268,524 shares of the company’s stock worth $30,400,000 after purchasing an additional 7,087 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $127.41 on Monday. The business has a 50 day moving average price of $119.36 and a two-hundred day moving average price of $111.55. The company has a market capitalization of $7.51 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $116.51.

iShares MSCI USA Value Factor ETF 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.