Addison Advisors LLC Buys 4,060 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Addison Advisors LLC raised its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 75,392 shares of the company’s stock after purchasing an additional 4,060 shares during the quarter. iShares MSCI USA Value Factor ETF comprises about 3.0% of Addison Advisors LLC’s investment portfolio, making the stock its 5th largest position. Addison Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $7,627,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Baystate Wealth Management LLC grew its holdings in iShares MSCI USA Value Factor ETF by 3.7% in the 4th quarter. Baystate Wealth Management LLC now owns 258,138 shares of the company’s stock worth $26,113,000 after buying an additional 9,185 shares in the last quarter. Elk River Wealth Management LLC lifted its position in iShares MSCI USA Value Factor ETF by 1.3% in the fourth quarter. Elk River Wealth Management LLC now owns 160,740 shares of the company’s stock worth $16,260,000 after purchasing an additional 2,132 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $159,000. Bank of New York Mellon Corp lifted its position in iShares MSCI USA Value Factor ETF by 3,475.5% in the third quarter. Bank of New York Mellon Corp now owns 121,997 shares of the company’s stock worth $11,068,000 after purchasing an additional 118,585 shares during the period. Finally, Simplicity Solutions LLC lifted its position in iShares MSCI USA Value Factor ETF by 28.1% in the third quarter. Simplicity Solutions LLC now owns 23,215 shares of the company’s stock worth $2,106,000 after purchasing an additional 5,099 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE traded down $0.33 during trading on Friday, reaching $102.17. The company had a trading volume of 265,591 shares. The firm’s 50-day simple moving average is $104.26 and its 200 day simple moving average is $98.98. The company has a market cap of $6.94 billion, a price-to-earnings ratio of 13.22 and a beta of 0.90. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-month high of $89.40.

iShares MSCI USA Value Factor ETF 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.