Legacy Capital Group California Inc. Buys New Shares in iShares MSCI USA Value Factor ETF $VLUE

Legacy Capital Group California Inc. bought a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 1st quarter, Holdings Channel.com reports. The fund bought 2,759 shares of the company’s stock, valued at approximately $392,000.

Other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth about $33,000. Smartleaf Asset Management LLC raised its stake in iShares MSCI USA Value Factor ETF by 69.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares during the period. SHP Wealth Management bought a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $46,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in iShares MSCI USA Value Factor ETF in the 4th quarter worth approximately $50,000.

iShares MSCI USA Value Factor ETF Price Performance

VLUE stock opened at $195.30 on Wednesday. iShares MSCI USA Value Factor ETF has a 1-year low of $110.53 and a 1-year high of $206.57. The company has a market capitalization of $11.51 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The business has a 50 day simple moving average of $192.98 and a two-hundred day simple moving average of $164.14.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.