Shelter Mutual Insurance Co Makes New $375,000 Investment in iShares MSCI USA Value Factor ETF $VLUE

Shelter Mutual Insurance Co purchased a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,657 shares of the company’s stock, valued at approximately $375,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake 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 acquiring an additional 586,241 shares during the period. Bank of America Corp DE raised its holdings in iShares MSCI USA Value Factor ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 1,768,935 shares of the company’s stock worth $221,205,000 after purchasing an additional 17,069 shares during the last quarter. Caisse de depot et placement du Quebec bought a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $187,061,000. Morgan Stanley lifted its position in shares of iShares MSCI USA Value Factor ETF by 13.2% in the 4th quarter. Morgan Stanley now owns 840,473 shares of the company’s stock worth $114,918,000 after purchasing an additional 98,160 shares during the period. Finally, LPL Financial LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 538,171 shares of the company’s stock worth $73,584,000 after purchasing an additional 11,704 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $191.87 on Wednesday. iShares MSCI USA Value Factor ETF has a 52 week low of $110.53 and a 52 week high of $206.57. The firm’s fifty day moving average is $190.19 and its 200-day moving average is $162.12. The firm has a market cap of $11.31 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.