JPMorgan Chase & Co. Has $43.08 Million Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 7.1% during the fourth quarter, HoldingsChannel reports. The fund owned 407,952 shares of the company’s stock after purchasing an additional 27,115 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Value Factor ETF were worth $43,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLUE. Synergy Investment Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth $26,000. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $29,000. Insight Inv LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter valued at about $52,000. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter valued at about $71,000. Finally, Sound Income Strategies LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 17.9% during the fourth quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock worth $72,000 after acquiring an additional 103 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $95.85 on Monday. The stock’s 50 day moving average is $108.78 and its 200 day moving average is $109.26. iShares MSCI USA Value Factor ETF has a one year low of $95.67 and a one year high of $115.88. The firm has a market cap of $6.00 billion, a P/E ratio of 14.96 and a beta of 1.03.

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.