SteelPeak Wealth LLC Invests $1.77 Million in iShares MSCI USA Value Factor ETF $VLUE

SteelPeak Wealth LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,971 shares of the company’s stock, valued at approximately $1,774,000.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI USA Value Factor ETF by 2.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 22,160,303 shares of the company’s stock worth $2,771,146,000 after buying an additional 577,973 shares during the period. Mason Investment Advisory Services Inc. boosted its position in iShares MSCI USA Value Factor ETF by 0.8% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 4,702,931 shares of the company’s stock valued at $588,101,000 after acquiring an additional 38,865 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares MSCI USA Value Factor ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock valued at $221,205,000 after acquiring an additional 17,069 shares during the period. Caisse de depot et placement du Quebec purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $187,061,000. Finally, Kathmere Capital Management LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 1.1% in the 4th quarter. Kathmere Capital Management LLC now owns 464,178 shares of the company’s stock worth $63,467,000 after acquiring an additional 4,952 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS VLUE opened at $145.22 on Friday. The stock has a market capitalization of $8.56 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $154.31. The business has a fifty day moving average price of $147.58 and a 200 day moving average price of $137.87.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.