CFS Investment Advisory Services LLC Purchases Shares of 3,004 iShares MSCI USA Value Factor ETF $VLUE

CFS Investment Advisory Services LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,004 shares of the company’s stock, valued at approximately $427,000.

Several other hedge funds also recently modified their holdings of the stock. Capital Investment Advisors LLC raised its stake in iShares MSCI USA Value Factor ETF by 244.6% during the 4th quarter. Capital Investment Advisors LLC now owns 9,697 shares of the company’s stock worth $1,326,000 after buying an additional 6,883 shares during the period. Apella Capital LLC bought a new position in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $514,000. Sax Wealth Advisors LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $3,979,000. Elevation Point Wealth Partners LLC grew its stake in iShares MSCI USA Value Factor ETF by 414.9% in the third 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 period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 655.2% during the fourth 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 in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 1.9%

VLUE opened at $195.10 on Friday. The company’s fifty day moving average price is $191.41 and its two-hundred day moving average price is $162.93. 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 cap of $11.50 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.