Axxcess Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,991 shares of the company’s stock, valued at approximately $567,000.
A number of other hedge funds also recently modified their holdings of the business. Shelter Mutual Insurance Co acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at approximately $375,000. Signet Private Wealth LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter worth approximately $225,000. Ascentis Independent Advisors bought a new position in iShares MSCI USA Value Factor ETF in the first quarter valued at approximately $398,000. Stephens Inc. AR lifted its stake in iShares MSCI USA Value Factor ETF by 11.9% in the first quarter. Stephens Inc. AR now owns 32,316 shares of the company’s stock valued at $4,595,000 after buying an additional 3,438 shares in the last quarter. Finally, Raleigh Capital Management Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter valued at approximately $107,000.
iShares MSCI USA Value Factor ETF Stock Up 1.9%
Shares of VLUE stock opened at $195.10 on Friday. The firm has a fifty day moving average of $191.41 and a 200-day moving average of $162.93. iShares MSCI USA Value Factor ETF has a 12-month low of $110.53 and a 12-month high of $206.57. The company has a market capitalization of $11.50 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.
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