Erste Asset Management GmbH Purchases 58,300 Shares of iShares MSCI USA Value Factor ETF $VLUE

Erste Asset Management GmbH boosted its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 129.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 103,400 shares of the company’s stock after acquiring an additional 58,300 shares during the period. Erste Asset Management GmbH owned 0.18% of iShares MSCI USA Value Factor ETF worth $14,138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VLUE. Russell Investments Group Ltd. boosted its holdings in iShares MSCI USA Value Factor ETF by 18.8% during the second quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock worth $751,000 after buying an additional 1,049 shares during the last quarter. NCM Capital Management LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 3.3% during the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock worth $1,489,000 after buying an additional 424 shares during the last quarter. Jane Street Group LLC bought a new position in iShares MSCI USA Value Factor ETF during the second quarter worth about $568,000. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Value Factor ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock worth $14,092,000 after buying an additional 1,592 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 1,194.2% during the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after buying an additional 179,630 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 1.9%

Shares of VLUE opened at $195.57 on Tuesday. iShares MSCI USA Value Factor ETF has a 1 year low of $108.90 and a 1 year high of $204.35. The stock has a market cap of $11.53 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock’s 50-day moving average price is $170.83 and its two-hundred day moving average price is $152.62.

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.