Focus Partners Wealth Raises Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Focus Partners Wealth grew its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 16.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 328,961 shares of the company’s stock after acquiring an additional 45,632 shares during the period. Focus Partners Wealth owned about 0.56% of iShares MSCI USA Value Factor ETF worth $44,979,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Diversified Enterprises LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.4% in the 4th quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock valued at $442,000 after acquiring an additional 75 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,383 shares of the company’s stock valued at $463,000 after acquiring an additional 86 shares during the period. Comerica Bank increased its stake in iShares MSCI USA Value Factor ETF by 0.8% during the 3rd quarter. Comerica Bank now owns 12,753 shares of the company’s stock worth $1,595,000 after buying an additional 104 shares during the period. Smithfield Trust Co increased its stake in iShares MSCI USA Value Factor ETF by 4.3% during the 3rd quarter. Smithfield Trust Co now owns 2,542 shares of the company’s stock worth $318,000 after buying an additional 105 shares during the period. Finally, OMNI 360 Wealth Inc. increased its stake in iShares MSCI USA Value Factor ETF by 1.2% during the 4th quarter. OMNI 360 Wealth Inc. now owns 9,321 shares of the company’s stock worth $1,339,000 after buying an additional 106 shares during the period.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $202.34 on Tuesday. iShares MSCI USA Value Factor ETF has a 12-month low of $108.90 and a 12-month high of $204.35. The company has a market capitalization of $11.93 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The firm’s fifty day moving average price is $176.27 and its 200 day moving average price is $155.04.

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.