Ascentis Independent Advisors Takes Position in iShares MSCI USA Value Factor ETF $VLUE

Ascentis Independent Advisors bought a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,802 shares of the company’s stock, valued at approximately $398,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI USA Value Factor ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock valued at $3,110,135,000 after purchasing an additional 586,241 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares MSCI USA Value Factor ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock worth $221,205,000 after buying an additional 17,069 shares during the last quarter. Caisse de depot et placement du Quebec acquired a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter worth $187,061,000. Morgan Stanley grew its holdings in shares of iShares MSCI USA Value Factor ETF by 13.2% during the fourth quarter. Morgan Stanley now owns 840,473 shares of the company’s stock worth $114,918,000 after purchasing an additional 98,160 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock worth $73,584,000 after purchasing an additional 11,704 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE opened at $195.10 on Friday. The stock has a market capitalization of $11.50 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 $110.53 and a one year high of $206.57. The business’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 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.