NewEdge Advisors LLC Grows Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

NewEdge Advisors LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 134.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,059 shares of the company’s stock after purchasing an additional 5,199 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $937,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Rothschild Investment LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at $26,000. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 10,433.3% in the 1st quarter. GAMMA Investing LLC now owns 316 shares of the company’s stock valued at $34,000 after purchasing an additional 313 shares during the period. GPS Wealth Strategies Group LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at $47,000. Northwest Investment Counselors LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at $54,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 22.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 659 shares of the company’s stock valued at $67,000 after purchasing an additional 121 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $108.50 on Tuesday. The firm has a fifty day moving average price of $105.73 and a 200 day moving average price of $104.65. iShares MSCI USA Value Factor ETF has a 1 year low of $71.21 and a 1 year high of $89.40. The stock has a market cap of $7.33 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.