Rhumbline Advisers Purchases New Shares in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Rhumbline Advisers purchased a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the first quarter, HoldingsChannel reports. The fund purchased 13,195 shares of the company’s stock, valued at approximately $1,407,000.

A number of other hedge funds also recently bought and sold shares of VLUE. Principal Securities Inc. raised its stake in iShares MSCI USA Value Factor ETF by 10.3% during the fourth quarter. Principal Securities Inc. now owns 2,722 shares of the company’s stock valued at $287,000 after purchasing an additional 254 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in iShares MSCI USA Value Factor ETF by 30.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 10,571 shares of the company’s stock valued at $1,116,000 after acquiring an additional 2,447 shares during the last quarter. Atlas Legacy Advisors LLC bought a new position in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $294,000. Cannon Financial Strategists Inc. increased its position in iShares MSCI USA Value Factor ETF by 88.3% during the fourth quarter. Cannon Financial Strategists Inc. now owns 25,120 shares of the company’s stock valued at $2,653,000 after acquiring an additional 11,782 shares during the last quarter. Finally, Elk River Wealth Management LLC increased its position in iShares MSCI USA Value Factor ETF by 4.5% during the fourth quarter. Elk River Wealth Management LLC now owns 164,889 shares of the company’s stock valued at $17,414,000 after acquiring an additional 7,148 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 2.3%

VLUE stock opened at $109.33 on Thursday. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $115.88. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 14.12 and a beta of 0.97. The firm’s fifty day simple moving average is $105.24 and its two-hundred day simple moving average is $107.04.

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.