Wealth Enhancement Advisory Services LLC Increases Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Wealth Enhancement Advisory Services LLC boosted its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.4% in the 4th quarter, Holdings Channel reports. The fund owned 30,676 shares of the company’s stock after purchasing an additional 114 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $3,345,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI USA Value Factor ETF by 2.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after purchasing an additional 480,177 shares during the period. Wharton Business Group LLC boosted its stake in iShares MSCI USA Value Factor ETF by 15.6% in the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after buying an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $5,920,000. Nomura Asset Management Co. Ltd. acquired a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $3,664,000. Finally, Magnolia Capital Advisors LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 315.8% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 39,875 shares of the company’s stock worth $4,125,000 after acquiring an additional 30,284 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $106.82 on Wednesday. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40. The firm has a 50 day moving average price of $109.80 and a 200 day moving average price of $107.71. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.