Y Intercept Hong Kong Ltd Makes New $3.17 Million Investment in iShares MSCI USA Value Factor ETF $VLUE

Y Intercept Hong Kong Ltd bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,271 shares of the company’s stock, valued at approximately $3,167,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Caisse de depot et placement du Quebec purchased a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at about $187,061,000. Northwestern Mutual Wealth Management Co. grew its holdings in 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 valued at $3,110,135,000 after purchasing an additional 586,241 shares in the last quarter. Marks Wealth LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth about $34,563,000. Orion Porfolio Solutions LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after purchasing an additional 179,630 shares in the last quarter. Finally, TLT Family Holdco ULC bought a new position in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $15,736,000.

iShares MSCI USA Value Factor ETF Stock Down 1.7%

Shares of VLUE traded down $3.29 during mid-day trading on Tuesday, hitting $190.71. The stock had a trading volume of 247,130 shares, compared to its average volume of 1,414,308. The company has a market cap of $11.24 billion, a PE ratio of 13.34 and a beta of 0.97. The company’s fifty day simple moving average is $189.60 and its two-hundred day simple moving average is $161.71. iShares MSCI USA Value Factor ETF has a fifty-two week low of $110.53 and a fifty-two week high of $206.57.

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.