Donaldson Capital Management LLC Invests $370,000 in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Donaldson Capital Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 3,465 shares of the company’s stock, valued at approximately $370,000.

Several other institutional investors have also made changes to their positions in VLUE. Simplicity Wealth LLC acquired a new position in iShares MSCI USA Value Factor ETF in the 1st quarter valued at $465,000. Farther Finance Advisors LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 54.2% in the first quarter. Farther Finance Advisors LLC now owns 11,179 shares of the company’s stock worth $1,191,000 after purchasing an additional 3,927 shares during the period. UMB Bank n.a. raised its stake in iShares MSCI USA Value Factor ETF by 129.3% in the first quarter. UMB Bank n.a. now owns 5,963 shares of the company’s stock valued at $636,000 after purchasing an additional 3,363 shares in the last quarter. Elk River Wealth Management LLC lifted its position in iShares MSCI USA Value Factor ETF by 4.3% during the first quarter. Elk River Wealth Management LLC now owns 171,926 shares of the company’s stock worth $18,336,000 after purchasing an additional 7,037 shares during the period. Finally, Foster Group Inc. lifted its position in iShares MSCI USA Value Factor ETF by 5.0% during the first quarter. Foster Group Inc. now owns 139,030 shares of the company’s stock worth $14,828,000 after purchasing an additional 6,570 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 3.4%

VLUE stock opened at $110.51 on Thursday. iShares MSCI USA Value Factor ETF has a 12 month low of $91.80 and a 12 month high of $115.88. The firm has a market cap of $6.54 billion, a P/E ratio of 14.12 and a beta of 0.97. The company’s 50-day moving average price is $103.96 and its two-hundred day moving average price is $107.21.

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.