First Citizens Bank & Trust Co. Buys 3,300 Shares of iShares MSCI USA Value Factor ETF $VLUE

First Citizens Bank & Trust Co. bought a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 3,300 shares of the company’s stock, valued at approximately $653,000.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of iShares MSCI USA Value Factor ETF by 75.4% in the first quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock worth $43,502,000 after purchasing an additional 131,527 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. purchased a new position in iShares MSCI USA Value Factor ETF in the 2nd quarter worth about $25,771,000. Janney Montgomery Scott LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 31.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 447,061 shares of the company’s stock valued at $63,568,000 after buying an additional 107,102 shares in the last quarter. Cetera Investment Advisers lifted its holdings in iShares MSCI USA Value Factor ETF by 87.7% during the 1st quarter. Cetera Investment Advisers now owns 194,434 shares of the company’s stock valued at $27,647,000 after buying an additional 90,872 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 368.5% during the 1st quarter. Bleakley Financial Group LLC now owns 75,231 shares of the company’s stock valued at $10,697,000 after buying an additional 59,172 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $192.25 on Friday. The stock has a market cap of $11.33 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 1 year low of $124.55 and a 1 year high of $206.57. The firm has a 50-day moving average of $200.47 and a two-hundred day moving average of $189.01.

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.