Angeles Wealth Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,000 shares of the company’s stock, valued at approximately $317,000.
Several other institutional investors have also modified their holdings of VLUE. Wharton Business Group LLC raised its stake in iShares MSCI USA Value Factor ETF by 15.6% in the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after buying an additional 174,330 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $5,920,000. Strategic Financial Concepts LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $4,466,000. Nomura Asset Management Co. Ltd. purchased a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth approximately $3,664,000. Finally, Mason Investment Advisory Services Inc. boosted its holdings in iShares MSCI USA Value Factor ETF by 0.4% in the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock valued at $491,681,000 after purchasing an additional 19,941 shares in the last quarter.
iShares MSCI USA Value Factor ETF Trading Up 2.8 %
VLUE stock opened at $109.83 on Tuesday. The stock has a market cap of $7.42 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40. The company’s 50 day moving average is $108.71 and its two-hundred day moving average is $108.25.
About iShares MSCI USA Value Factor ETF
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.
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