SteelPeak Wealth LLC Grows Stock Position in iShares MSCI USA Value Factor ETF $VLUE

SteelPeak Wealth LLC grew its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 35.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,556 shares of the company’s stock after acquiring an additional 4,585 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,496,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Independent Financial Group LLC purchased a new position in iShares MSCI USA Value Factor ETF during the 1st quarter valued at $357,000. Geneos Wealth Management Inc. increased its stake in iShares MSCI USA Value Factor ETF by 43,333.0% in the first quarter. Geneos Wealth Management Inc. now owns 38,221 shares of the company’s stock worth $5,435,000 after purchasing an additional 38,133 shares during the period. Sanctuary Advisors LLC increased its stake in iShares MSCI USA Value Factor ETF by 95.7% in the first quarter. Sanctuary Advisors LLC now owns 16,911 shares of the company’s stock worth $2,405,000 after purchasing an additional 8,269 shares during the period. Wealthgarden F.S. LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 45.3% during the first quarter. Wealthgarden F.S. LLC now owns 2,929 shares of the company’s stock worth $417,000 after purchasing an additional 913 shares during the last quarter. Finally, Legacy Capital Group California Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the first quarter worth $392,000.

iShares MSCI USA Value Factor ETF Trading Down 0.3%

Shares of VLUE opened at $189.35 on Friday. The firm has a fifty day moving average price of $193.69 and a 200-day moving average price of $165.04. The firm has a market capitalization of $11.16 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12-month low of $110.53 and a 12-month high of $206.57.

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.