Sugar Maple Asset Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report) in the first quarter, HoldingsChannel reports. The firm acquired 2,685 shares of the company’s stock, valued at approximately $382,000.
Several other hedge funds also recently bought and sold shares of VLUE. Diversified Enterprises LLC increased its stake in iShares MSCI USA Value Factor ETF by 2.4% in the fourth quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock worth $442,000 after purchasing an additional 75 shares during the period. Financial Engines Advisors L.L.C. lifted its position in shares of iShares MSCI USA Value Factor ETF by 2.6% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,383 shares of the company’s stock worth $463,000 after purchasing an additional 86 shares during the last quarter. Stokes Family Office LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 2.8% during the fourth quarter. Stokes Family Office LLC now owns 3,780 shares of the company’s stock valued at $517,000 after purchasing an additional 103 shares during the period. Comerica Bank boosted its stake in shares of iShares MSCI USA Value Factor ETF by 0.8% during the third quarter. Comerica Bank now owns 12,753 shares of the company’s stock valued at $1,595,000 after purchasing an additional 104 shares during the period. Finally, OMNI 360 Wealth Inc. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 1.2% during the fourth quarter. OMNI 360 Wealth Inc. now owns 9,321 shares of the company’s stock valued at $1,339,000 after purchasing an additional 106 shares during the period.
iShares MSCI USA Value Factor ETF Trading Down 2.2%
BATS VLUE opened at $200.09 on Friday. The stock has a market cap of $11.80 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57. The company’s 50-day moving average price is $185.07 and its 200-day moving average price is $159.04.
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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.
Recommended Stories
- Five stocks we like better than iShares MSCI USA Value Factor ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Want to see what other hedge funds are holding VLUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Value Factor ETF (BATS:VLUE – Free Report).
Receive News & Ratings for iShares MSCI USA Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
