Optivise Advisory Services LLC Takes Position in iShares MSCI USA Value Factor ETF $VLUE

Optivise Advisory Services LLC acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,652 shares of the company’s stock, valued at approximately $707,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Russell Investments Group Ltd. lifted its holdings in iShares MSCI USA Value Factor ETF by 48.5% during the 1st quarter. Russell Investments Group Ltd. now owns 5,586 shares of the company’s stock worth $596,000 after buying an additional 1,824 shares during the period. Royal Bank of Canada raised its position in shares of iShares MSCI USA Value Factor ETF by 313.3% during the first quarter. Royal Bank of Canada now owns 239,519 shares of the company’s stock worth $25,544,000 after acquiring an additional 181,562 shares during the last quarter. Plancorp LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 33.4% in the first quarter. Plancorp LLC now owns 11,332 shares of the company’s stock worth $1,209,000 after acquiring an additional 2,840 shares during the period. Jones Financial Companies Lllp boosted its holdings in iShares MSCI USA Value Factor ETF by 717.8% in the first quarter. Jones Financial Companies Lllp now owns 232,626 shares of the company’s stock valued at $24,810,000 after acquiring an additional 204,181 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its holdings in iShares MSCI USA Value Factor ETF by 4.0% in the first quarter. Bell Investment Advisors Inc now owns 3,621 shares of the company’s stock valued at $386,000 after acquiring an additional 139 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $138.23 on Monday. iShares MSCI USA Value Factor ETF has a 52-week low of $91.80 and a 52-week high of $116.51. The firm has a 50 day moving average price of $132.33 and a two-hundred day moving average price of $122.97. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

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