Client 1ST Advisory Group LLC Acquires New Shares in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Client 1ST Advisory Group LLC bought a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, HoldingsChannel.com reports. The fund bought 10,908 shares of the company’s stock, valued at approximately $1,152,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VLUE. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock worth $1,951,785,000 after purchasing an additional 480,177 shares during the period. Wharton Business Group LLC boosted its stake in iShares MSCI USA Value Factor ETF by 15.6% during the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after buying an additional 174,330 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at about $5,920,000. Nomura Asset Management Co. Ltd. purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $3,664,000. Finally, Magnolia Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 315.8% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 39,875 shares of the company’s stock worth $4,125,000 after acquiring an additional 30,284 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $109.74 on Monday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40. The company has a 50 day moving average price of $109.56 and a 200 day moving average price of $107.82. The stock has a market capitalization of $7.41 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.