Cannon Financial Strategists Inc. Purchases 11,782 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Cannon Financial Strategists Inc. lifted its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 88.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,120 shares of the company’s stock after acquiring an additional 11,782 shares during the period. iShares MSCI USA Value Factor ETF accounts for about 0.5% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 22nd largest holding. Cannon Financial Strategists Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $2,653,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VLUE. Harbour Investments Inc. increased its position in iShares MSCI USA Value Factor ETF by 1.1% during the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock valued at $1,582,000 after buying an additional 154 shares in the last quarter. BNP Paribas Financial Markets increased its position in iShares MSCI USA Value Factor ETF by 1.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock valued at $1,366,000 after buying an additional 171 shares in the last quarter. OMNI 360 Wealth Inc. increased its position in iShares MSCI USA Value Factor ETF by 1.8% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock valued at $957,000 after buying an additional 156 shares in the last quarter. Schrum Private Wealth Management LLC increased its position in iShares MSCI USA Value Factor ETF by 79.6% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 4,974 shares of the company’s stock valued at $542,000 after buying an additional 2,204 shares in the last quarter. Finally, Atria Investments Inc increased its position in iShares MSCI USA Value Factor ETF by 3.8% during the 3rd quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock valued at $829,000 after buying an additional 277 shares in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 6.2 %

Shares of VLUE opened at $113.45 on Wednesday. The business’s fifty day simple moving average is $108.50 and its two-hundred day simple moving average is $108.43. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.