Magnolia Capital Advisors LLC Acquires 30,284 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Magnolia Capital Advisors LLC grew its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 315.8% in the 2nd quarter, Holdings Channel reports. The fund owned 39,875 shares of the company’s stock after purchasing an additional 30,284 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $4,125,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VLUE. Arkadios Wealth Advisors grew its position in shares of iShares MSCI USA Value Factor ETF by 1.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 5,436 shares of the company’s stock valued at $562,000 after purchasing an additional 101 shares during the period. Goldstein Advisors LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.7% in the second quarter. Goldstein Advisors LLC now owns 4,412 shares of the company’s stock valued at $456,000 after buying an additional 114 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 22.5% during the first quarter. EverSource Wealth Advisors LLC now owns 659 shares of the company’s stock worth $67,000 after acquiring an additional 121 shares in the last quarter. Tradition Wealth Management LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 12.2% during the fourth quarter. Tradition Wealth Management LLC now owns 1,235 shares of the company’s stock worth $125,000 after acquiring an additional 134 shares during the period. Finally, CFS Investment Advisory Services LLC lifted its position in iShares MSCI USA Value Factor ETF by 5.2% in the 4th quarter. CFS Investment Advisory Services LLC now owns 3,079 shares of the company’s stock valued at $311,000 after acquiring an additional 152 shares in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 0.5 %

Shares of BATS VLUE opened at $109.08 on Friday. The company has a fifty day moving average price of $105.51 and a 200 day moving average price of $104.54. The firm has a market cap of $7.37 billion, a PE ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

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.