Mason Street Advisors LLC Purchases Shares of 320,000 iShares MSCI USA Value Factor ETF $VLUE

Mason Street Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 320,000 shares of the company’s stock, valued at approximately $40,016,000. iShares MSCI USA Value Factor ETF comprises 4.1% of Mason Street Advisors LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in VLUE. Ameritas Advisory Services LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter valued at approximately $26,000. Salem Investment Counselors Inc. grew its position in iShares MSCI USA Value Factor ETF by 306.9% during the third quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock valued at $37,000 after buying an additional 221 shares during the period. Smartleaf Asset Management LLC increased its holdings in iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares in the last quarter. Root Financial Partners LLC purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at $58,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth about $74,000.

iShares MSCI USA Value Factor ETF Stock Up 35.8%

BATS:VLUE opened at $145.05 on Monday. iShares MSCI USA Value Factor ETF has a 52 week low of $91.80 and a 52 week high of $116.51. The stock has a market capitalization of $8.55 billion, a PE ratio of 13.34 and a beta of 0.97. The stock’s 50-day moving average price is $137.30 and its 200-day moving average price is $127.21.

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