Brown Miller Wealth Management LLC Takes $567,000 Position in iShares MSCI USA Value Factor ETF $VLUE

Brown Miller Wealth Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,991 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GHP Investment Advisors Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter valued at about $25,000. Lloyd Advisory Services LLC. acquired a new position in iShares MSCI USA Value Factor ETF in the fourth quarter worth about $33,000. Smartleaf Asset Management LLC lifted its stake in iShares MSCI USA Value Factor ETF by 69.3% during the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock worth $37,000 after purchasing an additional 133 shares during the period. SHP Wealth Management bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth about $46,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth about $50,000.

iShares MSCI USA Value Factor ETF Trading Up 0.4%

BATS VLUE opened at $200.87 on Tuesday. iShares MSCI USA Value Factor ETF has a 1-year low of $110.53 and a 1-year high of $206.57. The company has a market capitalization of $11.84 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The stock’s 50 day moving average is $185.96 and its two-hundred day moving average is $159.67.

iShares MSCI USA Value Factor ETF 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.