Steelhead Wealth Management LLC Makes New Investment in iShares MSCI USA Value Factor ETF $VLUE

Steelhead Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,734 shares of the company’s stock, valued at approximately $1,241,000.

A number of other institutional investors have also recently made changes to their positions in the stock. GHP Investment Advisors Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter valued at approximately $25,000. Lloyd Advisory Services LLC. bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $33,000. Western Wealth Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $41,000. Smartleaf Asset Management LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock worth $37,000 after purchasing an additional 133 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in iShares MSCI USA Value Factor ETF in the 4th quarter worth approximately $46,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $191.14 on Monday. The company has a market cap of $11.27 billion, a PE ratio of 13.34 and a beta of 0.97. The company has a 50 day simple moving average of $195.79 and a two-hundred day simple moving average of $168.93. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57.

iShares MSCI USA Value Factor ETF Company Profile

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.