Axxcess Wealth Management LLC Buys Shares of 3,991 iShares MSCI USA Value Factor ETF $VLUE

Axxcess Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,991 shares of the company’s stock, valued at approximately $567,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Investment Advisors LLC lifted its stake in iShares MSCI USA Value Factor ETF by 244.6% in the fourth quarter. Capital Investment Advisors LLC now owns 9,697 shares of the company’s stock valued at $1,326,000 after buying an additional 6,883 shares during the period. Apella Capital LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $514,000. Sax Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $3,979,000. Elevation Point Wealth Partners LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 414.9% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 18,912 shares of the company’s stock valued at $2,365,000 after acquiring an additional 15,239 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MSCI USA Value Factor ETF by 655.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,900 shares of the company’s stock valued at $2,994,000 after acquiring an additional 19,000 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $195.10 on Friday. The company’s 50 day simple moving average is $191.41 and its 200 day simple moving average is $162.93. iShares MSCI USA Value Factor ETF has a fifty-two week low of $110.53 and a fifty-two week high of $206.57. The firm has a market capitalization of $11.50 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

iShares MSCI USA Value Factor ETF Company 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.