Smithfield Trust Co Purchases 1,216 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Smithfield Trust Co grew its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 99.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,437 shares of the company’s stock after acquiring an additional 1,216 shares during the period. Smithfield Trust Co’s holdings in iShares MSCI USA Value Factor ETF were worth $257,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VLUE. Mason Investment Advisory Services Inc. grew its stake in shares of iShares MSCI USA Value Factor ETF by 1.8% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 4,588,101 shares of the company’s stock valued at $484,549,000 after buying an additional 78,917 shares during the last quarter. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Value Factor ETF in the 4th quarter worth $131,000. Synergy Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF in the 4th quarter worth $26,000. State of Michigan Retirement System grew its holdings in iShares MSCI USA Value Factor ETF by 6.0% in the 4th quarter. State of Michigan Retirement System now owns 421,400 shares of the company’s stock worth $44,504,000 after acquiring an additional 23,900 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in iShares MSCI USA Value Factor ETF by 57.7% during the 4th quarter. Jones Financial Companies Lllp now owns 28,445 shares of the company’s stock valued at $3,004,000 after purchasing an additional 10,404 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 1.3 %

BATS:VLUE opened at $108.24 on Thursday. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40. The stock has a market cap of $7.28 billion, a P/E ratio of 16.17 and a beta of 1.03. The firm’s fifty day simple moving average is $109.28 and its 200 day simple moving average 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.