Vision Capital Management Inc. Purchases New Stake in iShares MSCI USA Value Factor ETF $VLUE

Vision Capital Management Inc. acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,778 shares of the company’s stock, valued at approximately $1,540,000.

Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 75.4% in the 1st quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after acquiring an additional 131,527 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. acquired a new stake in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $25,771,000. Janney Montgomery Scott LLC increased its holdings in iShares MSCI USA Value Factor ETF by 31.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock valued at $63,568,000 after purchasing an additional 107,102 shares in the last quarter. Cetera Investment Advisers increased its holdings in iShares MSCI USA Value Factor ETF by 87.7% during the 1st quarter. Cetera Investment Advisers now owns 194,434 shares of the company’s stock valued at $27,647,000 after purchasing an additional 90,872 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in iShares MSCI USA Value Factor ETF by 368.5% during the 1st quarter. Bleakley Financial Group LLC now owns 75,231 shares of the company’s stock valued at $10,697,000 after purchasing an additional 59,172 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE opened at $192.64 on Tuesday. The stock has a fifty day moving average price of $200.38 and a two-hundred day moving average price of $189.72. iShares MSCI USA Value Factor ETF has a 52-week low of $124.55 and a 52-week high of $206.57. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.