iShares MSCI USA Value Factor ETF $VLUE Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,746,544 shares of the company’s stock after acquiring an additional 586,241 shares during the quarter. iShares MSCI USA Value Factor ETF accounts for approximately 1.9% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 13th largest position. Northwestern Mutual Wealth Management Co. owned 0.39% of iShares MSCI USA Value Factor ETF worth $3,110,135,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VLUE. Russell Investments Group Ltd. grew its holdings in iShares MSCI USA Value Factor ETF by 18.8% during the second quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock worth $751,000 after acquiring an additional 1,049 shares during the period. NCM Capital Management LLC grew its holdings in iShares MSCI USA Value Factor ETF by 3.3% during the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock worth $1,489,000 after acquiring an additional 424 shares during the period. Jane Street Group LLC acquired a new position in iShares MSCI USA Value Factor ETF in the second quarter worth approximately $568,000. Ameriprise Financial Inc. grew its position in iShares MSCI USA Value Factor ETF by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock worth $14,092,000 after buying an additional 1,592 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its position in iShares MSCI USA Value Factor ETF by 1,194.2% in the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after buying an additional 179,630 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $195.95 on Friday. The firm has a market cap of $11.55 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 $105.70 and a 1 year high of $197.35. The firm’s 50 day moving average price is $163.17 and its two-hundred day moving average price is $149.24.

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