92,836 Shares in iShares MSCI USA Value Factor ETF (BATS:VLUE) Purchased by SVB Wealth LLC

SVB Wealth LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the fourth quarter, Holdings Channel reports. The fund acquired 92,836 shares of the company’s stock, valued at approximately $9,804,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mason Investment Advisory Services Inc. increased its stake in shares of iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after acquiring an additional 19,941 shares during the period. Wharton Business Group LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 0.4% in the 4th quarter. Wharton Business Group LLC now owns 1,295,666 shares of the company’s stock valued at $136,835,000 after purchasing an additional 5,245 shares in the last quarter. Cerity Partners LLC increased its position in iShares MSCI USA Value Factor ETF by 2.8% during the 3rd quarter. Cerity Partners LLC now owns 729,032 shares of the company’s stock worth $79,494,000 after purchasing an additional 19,749 shares during the period. Kathmere Capital Management LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 3.1% during the 4th quarter. Kathmere Capital Management LLC now owns 455,056 shares of the company’s stock worth $48,058,000 after buying an additional 13,823 shares in the last quarter. Finally, Stonehearth Capital Management LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.3% in the 4th quarter. Stonehearth Capital Management LLC now owns 371,508 shares of the company’s stock valued at $39,235,000 after buying an additional 8,410 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $111.21 on Friday. The business’s fifty day moving average price is $109.16 and its 200 day moving average price is $109.03. The firm has a market capitalization of $7.48 billion, a PE ratio of 16.17 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

About iShares MSCI USA Value Factor ETF

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.