Apex Wealth Management LLC Buys 632 Shares of iShares MSCI USA Value Factor ETF $VLUE

Apex Wealth Management LLC increased its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,355 shares of the company’s stock after acquiring an additional 632 shares during the period. iShares MSCI USA Value Factor ETF comprises about 1.8% of Apex Wealth Management LLC’s portfolio, making the stock its 19th largest position. Apex Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VLUE. Mullooly Asset Management Inc. bought a new position in iShares MSCI USA Value Factor ETF during the 1st quarter worth about $931,211,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 20,677,629 shares of the company’s stock valued at $2,205,269,000 after purchasing an additional 536,413 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares MSCI USA Value Factor ETF by 717.8% during the first quarter. Jones Financial Companies Lllp now owns 232,626 shares of the company’s stock worth $24,810,000 after buying an additional 204,181 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares MSCI USA Value Factor ETF by 313.3% during the first quarter. Royal Bank of Canada now owns 239,519 shares of the company’s stock worth $25,544,000 after buying an additional 181,562 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares MSCI USA Value Factor ETF by 169.5% in the 1st quarter. Bank of New York Mellon Corp now owns 195,319 shares of the company’s stock valued at $20,831,000 after buying an additional 122,832 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

BATS VLUE opened at $131.44 on Wednesday. iShares MSCI USA Value Factor ETF has a 52 week low of $91.80 and a 52 week high of $116.51. The stock’s 50 day moving average price is $125.68 and its two-hundred day moving average price is $116.71. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.