Cibc World Market Inc. Acquires Shares of 103,059 iShares MSCI USA Value Factor ETF $VLUE

Cibc World Market Inc. bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 103,059 shares of the company’s stock, valued at approximately $14,091,000. Cibc World Market Inc. owned about 0.17% of iShares MSCI USA Value Factor ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VLUE. Russell Investments Group Ltd. raised its holdings in shares of iShares MSCI USA Value Factor ETF by 18.8% in the second quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock valued at $751,000 after purchasing an additional 1,049 shares during the last quarter. NCM Capital Management LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 3.3% in the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock valued at $1,489,000 after purchasing an additional 424 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the second quarter valued at about $568,000. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI USA Value Factor ETF by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock valued at $14,092,000 after purchasing an additional 1,592 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after purchasing an additional 179,630 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $191.92 on Friday. The firm has a 50-day moving average of $169.78 and a 200-day moving average of $151.98. The company has a market cap of $11.31 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $108.82 and a one year high of $204.35.

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.