Dorsey Wright & Associates Makes New $8.04 Million Investment in iShares MSCI USA Value Factor ETF $VLUE

Dorsey Wright & Associates acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,551 shares of the company’s stock, valued at approximately $8,041,000. Dorsey Wright & Associates owned approximately 0.10% of iShares MSCI USA Value Factor ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. GHP Investment Advisors Inc. acquired a new position in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at $33,000. Smartleaf Asset Management LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 69.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after acquiring an additional 133 shares during the last quarter. SHP Wealth Management bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth $46,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth $50,000.

iShares MSCI USA Value Factor ETF Stock Down 0.3%

BATS:VLUE opened at $189.35 on Friday. The stock has a fifty day simple moving average of $193.69 and a 200 day simple moving average of $165.04. The firm has a market capitalization of $11.16 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 $110.53 and a 1-year high of $206.57.

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.