iShares MSCI USA Value Factor ETF (BATS:VLUE) Position Boosted by Greenleaf Trust

Greenleaf Trust increased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 6,896 shares of the company’s stock after buying an additional 371 shares during the period. Greenleaf Trust’s holdings in iShares MSCI USA Value Factor ETF were worth $752,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VLUE. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI USA Value Factor ETF by 2.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock worth $1,951,785,000 after acquiring an additional 480,177 shares during the period. State of Michigan Retirement System raised its stake in iShares MSCI USA Value Factor ETF by 41.1% during the first quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock worth $49,433,000 after acquiring an additional 132,900 shares during the period. Cetera Investment Advisers raised its stake in iShares MSCI USA Value Factor ETF by 954.7% during the first quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock worth $8,301,000 after acquiring an additional 69,377 shares during the period. Strategic Financial Concepts LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth about $44,000. Finally, SageView Advisory Group LLC raised its stake in iShares MSCI USA Value Factor ETF by 241.9% during the first quarter. SageView Advisory Group LLC now owns 58,475 shares of the company’s stock worth $6,384,000 after acquiring an additional 41,374 shares during the period.

iShares MSCI USA Value Factor ETF Stock Down 0.2 %

VLUE opened at $109.08 on Friday. The company’s 50-day moving average price is $107.64 and its 200 day moving average price is $104.95. iShares MSCI USA Value Factor ETF has a fifty-two week low of $71.21 and a fifty-two week high of $89.40. The firm has a market cap of $7.37 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.