Jones Financial Companies Lllp Has $3 Million Stock Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 57.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,445 shares of the company’s stock after acquiring an additional 10,404 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares MSCI USA Value Factor ETF were worth $3,004,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Studio Investment Management LLC acquired a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth $28,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $29,000. MGB Wealth Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $30,000. Insight Inv LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth about $52,000. Finally, Heck Capital Advisors LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the 4th quarter valued at approximately $71,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS VLUE opened at $108.24 on Thursday. The stock has a market capitalization of $7.28 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40. The stock’s 50 day moving average price is $109.28 and its two-hundred day moving average price is $109.18.

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.