Janney Montgomery Scott LLC Purchases 107,102 Shares of iShares MSCI USA Value Factor ETF $VLUE

Janney Montgomery Scott LLC increased its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 31.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 447,061 shares of the company’s stock after acquiring an additional 107,102 shares during the period. Janney Montgomery Scott LLC owned approximately 0.76% of iShares MSCI USA Value Factor ETF worth $63,568,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after purchasing an additional 586,241 shares during the period. Bank of America Corp DE boosted its stake in iShares MSCI USA Value Factor ETF by 1.0% during the third quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock valued at $221,205,000 after buying an additional 17,069 shares during the period. Caisse de depot et placement du Quebec purchased a new position in iShares MSCI USA Value Factor ETF during the third quarter worth about $187,061,000. Morgan Stanley grew 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 worth $114,918,000 after buying an additional 98,160 shares in the last quarter. Finally, LPL Financial LLC grew its position in iShares MSCI USA Value Factor ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock worth $73,584,000 after buying an additional 11,704 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS VLUE opened at $200.09 on Monday. The stock’s 50-day simple moving average is $185.07 and its two-hundred day simple moving average is $159.21. iShares MSCI USA Value Factor ETF has a twelve month low of $110.53 and a twelve month high of $206.57. The firm has a market capitalization of $11.80 billion, a P/E 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.