iShares MSCI USA Value Factor ETF (BATS:VLUE) Stake Boosted by Kathmere Capital Management LLC

Kathmere Capital Management LLC increased its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 455,056 shares of the company’s stock after purchasing an additional 13,823 shares during the period. iShares MSCI USA Value Factor ETF accounts for 4.3% of Kathmere Capital Management LLC’s investment portfolio, making the stock its largest holding. Kathmere Capital Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $48,058,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Studio Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at about $29,000. MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $30,000. Armstrong Advisory Group Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $46,000.

iShares MSCI USA Value Factor ETF Trading Up 1.0 %

VLUE stock opened at $106.82 on Wednesday. The company’s 50 day moving average is $109.80 and its 200 day moving average is $107.71. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

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.