Kestra Private Wealth Services LLC Buys 23,334 Shares of iShares MSCI USA Value Factor ETF $VLUE

Kestra Private Wealth Services LLC raised its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 878.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 25,991 shares of the company’s stock after acquiring an additional 23,334 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,696,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Breakwater Capital Group grew its holdings in shares of iShares MSCI USA Value Factor ETF by 18.7% in the first quarter. Breakwater Capital Group now owns 5,443 shares of the company’s stock worth $774,000 after purchasing an additional 857 shares during the last quarter. SVB Wealth LLC boosted its position in iShares MSCI USA Value Factor ETF by 5.6% during the 1st quarter. SVB Wealth LLC now owns 30,523 shares of the company’s stock valued at $4,340,000 after buying an additional 1,617 shares during the period. Brookstone Capital Management boosted its position in iShares MSCI USA Value Factor ETF by 9.4% during the 1st quarter. Brookstone Capital Management now owns 7,266 shares of the company’s stock valued at $1,033,000 after buying an additional 623 shares during the period. Rockefeller Capital Management L.P. grew its holdings in iShares MSCI USA Value Factor ETF by 26.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,672 shares of the company’s stock worth $365,000 after acquiring an additional 554 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 14.2% in the fourth quarter. Corient Private Wealth LLC now owns 17,246 shares of the company’s stock valued at $2,358,000 after acquiring an additional 2,139 shares during the period.

iShares MSCI USA Value Factor ETF Trading Down 2.2%

Shares of BATS:VLUE opened at $200.09 on Friday. The company has a market cap of $11.80 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The company has a 50-day moving average price of $185.07 and a 200-day moving average price of $159.04. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57.

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.