Eq LLC Boosts Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Eq LLC boosted its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 4.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 31,649 shares of the company’s stock after acquiring an additional 1,423 shares during the quarter. iShares MSCI USA Value Factor ETF comprises 1.6% of Eq LLC’s holdings, making the stock its 19th biggest position. Eq LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VLUE. Wharton Business Group LLC raised its stake in iShares MSCI USA Value Factor ETF by 15.6% in the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after purchasing an additional 174,330 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of iShares MSCI USA Value Factor ETF in the fourth quarter worth about $7,655,000. Kovitz Investment Group Partners LLC bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $5,920,000. Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $4,466,000. Finally, Nomura Asset Management Co. Ltd. bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at $3,664,000.

iShares MSCI USA Value Factor ETF Stock Up 4.1 %

Shares of VLUE stock opened at $111.22 on Wednesday. The stock has a market capitalization of $7.48 billion, a P/E ratio of 16.17 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40. The stock has a 50-day simple moving average of $108.84 and a 200 day simple moving average of $108.93.

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.