24,015 Shares in iShares MSCI USA Value Factor ETF $VLUE Bought by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. bought a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 24,015 shares of the company’s stock, valued at approximately $4,755,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of iShares MSCI USA Value Factor ETF by 0.3% in the 1st quarter. Bank of America Corp DE now owns 1,612,286 shares of the company’s stock worth $229,251,000 after acquiring an additional 5,584 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares MSCI USA Value Factor ETF by 1.5% during the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock worth $79,418,000 after acquiring an additional 8,335 shares in the last quarter. Royal Bank of Canada grew its holdings in iShares MSCI USA Value Factor ETF by 75.4% in the first quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after purchasing an additional 131,527 shares during the period. Cetera Investment Advisers grew its holdings in iShares MSCI USA Value Factor ETF by 87.7% in the first quarter. Cetera Investment Advisers now owns 194,434 shares of the company’s stock worth $27,647,000 after purchasing an additional 90,872 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth about $28,852,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS VLUE opened at $182.19 on Friday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $124.55 and a fifty-two week high of $206.57. The company has a market capitalization of $10.74 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The company has a 50 day simple moving average of $197.88 and a two-hundred day simple moving average of $179.70.

iShares MSCI USA Value Factor ETF Company 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.