Plancorp LLC Raises Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Plancorp LLC grew its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 11.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,334 shares of the company’s stock after purchasing an additional 531 shares during the quarter. Plancorp LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $552,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. State of Michigan Retirement System grew its position in iShares MSCI USA Value Factor ETF by 41.1% in the 1st quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock worth $49,433,000 after purchasing an additional 132,900 shares in the last quarter. Deane Retirement Strategies Inc. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the first quarter valued at approximately $8,270,000. Cetera Investment Advisers lifted its holdings in iShares MSCI USA Value Factor ETF by 954.7% during the first quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock worth $8,301,000 after acquiring an additional 69,377 shares during the period. Stonehearth Capital Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 20.7% during the first quarter. Stonehearth Capital Management LLC now owns 327,147 shares of the company’s stock worth $35,433,000 after acquiring an additional 56,166 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Value Factor ETF in the second quarter worth $44,000.

iShares MSCI USA Value Factor ETF Price Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $107.70 on Wednesday. The stock has a fifty day moving average price of $105.33 and a 200-day moving average price of $104.33. The firm has a market cap of $7.28 billion, a PE ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40.

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.