Waverly Advisors LLC Acquires New Shares in iShares MSCI USA Value Factor ETF $VLUE

Waverly Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the first quarter, Holdings Channel reports. The institutional investor bought 4,658 shares of the company’s stock, valued at approximately $662,000.

Several other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% during the 4th 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 in the last quarter. Bank of America Corp DE grew its stake in shares of iShares MSCI USA Value Factor ETF by 1.0% in the 3rd 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 in the last quarter. Caisse de depot et placement du Quebec acquired a new position in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $187,061,000. Morgan Stanley increased its holdings in iShares MSCI USA Value Factor ETF by 13.2% in 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 during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in iShares MSCI USA Value Factor ETF by 1.5% during the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock valued at $79,418,000 after acquiring an additional 8,335 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE opened at $191.14 on Friday. The firm has a market cap of $11.27 billion, a PE ratio of 13.34 and a beta of 0.97. The firm’s 50 day moving average price is $195.79 and its 200 day moving average price is $168.75. iShares MSCI USA Value Factor ETF has a twelve month low of $110.53 and a twelve month high of $206.57.

iShares MSCI USA Value Factor ETF Company Profile

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.