Petra Financial Advisors Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 8,940 shares of the company’s stock, valued at approximately $1,271,000.
Other institutional investors have also added to or reduced their stakes in the company. SteelPeak Wealth LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 35.3% in the 1st quarter. SteelPeak Wealth LLC now owns 17,556 shares of the company’s stock valued at $2,496,000 after purchasing an additional 4,585 shares during the period. Sax Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $3,979,000. Capital Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Value Factor ETF by 244.6% during the fourth quarter. Capital Investment Advisors LLC now owns 9,697 shares of the company’s stock worth $1,326,000 after purchasing an additional 6,883 shares during the period. Apella Capital LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $514,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MSCI USA Value Factor ETF by 655.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,900 shares of the company’s stock valued at $2,994,000 after buying an additional 19,000 shares in the last quarter.
iShares MSCI USA Value Factor ETF Trading Up 3.2%
Shares of VLUE stock opened at $195.08 on Wednesday. The stock has a market cap of $11.50 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock has a 50 day simple moving average of $194.02 and a 200 day simple moving average of $166.00. 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.
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Want to see what other hedge funds are holding VLUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report).
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