Stark Wealth Management LLC Invests $1.18 Million in iShares MSCI USA Value Factor ETF $VLUE

Stark Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,840 shares of the company’s stock, valued at approximately $1,176,000. iShares MSCI USA Value Factor ETF makes up about 1.6% of Stark Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Arete Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 2.3% during the 1st quarter. Arete Wealth Advisors LLC now owns 4,358 shares of the company’s stock worth $465,000 after acquiring an additional 100 shares in the last quarter. First Citizens Financial Corp lifted its stake in iShares MSCI USA Value Factor ETF by 2.8% during the second quarter. First Citizens Financial Corp now owns 3,844 shares of the company’s stock worth $435,000 after purchasing an additional 103 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares in the last quarter. Alpha Omega Wealth Management LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 6.2% in the second quarter. Alpha Omega Wealth Management LLC now owns 2,336 shares of the company’s stock valued at $264,000 after purchasing an additional 137 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its stake 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 purchasing an additional 139 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 28.0%

Shares of BATS:VLUE opened at $136.76 on Friday. The firm has a 50 day simple moving average of $130.08 and a 200-day simple moving average of $120.90. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $116.51. The company has a market capitalization of $8.06 billion, a PE 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.