6,891 Shares in iShares MSCI USA Value Factor ETF $VLUE Acquired by Power Wealth Management LLC

Power Wealth Management LLC bought a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the second quarter, HoldingsChannel.com reports. The fund bought 6,891 shares of the company’s stock, valued at approximately $1,377,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock valued at $3,110,135,000 after buying an additional 586,241 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock worth $221,205,000 after acquiring an additional 17,069 shares during the period. Caisse de depot et placement du Quebec bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $187,061,000. Morgan Stanley increased its position in iShares MSCI USA Value Factor ETF by 13.2% during the fourth quarter. Morgan Stanley now owns 840,473 shares of the company’s stock valued at $114,918,000 after acquiring an additional 98,160 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares MSCI USA Value Factor ETF by 1.5% during the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock valued at $79,418,000 after acquiring an additional 8,335 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE stock opened at $203.87 on Friday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $118.58 and a fifty-two week high of $206.57. The business’s 50-day moving average is $196.96 and its two-hundred day moving average is $177.84. The company has a market cap of $12.02 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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.