Mainstream Capital Management LLC Invests $131,000 in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Mainstream Capital Management LLC bought a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,237 shares of the company’s stock, valued at approximately $131,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VLUE. Atria Investments Inc increased its position in shares of iShares MSCI USA Value Factor ETF by 3.8% in the 3rd quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock worth $829,000 after purchasing an additional 277 shares during the last quarter. Addison Advisors LLC grew its position in shares of iShares MSCI USA Value Factor ETF by 7.7% during the 3rd quarter. Addison Advisors LLC now owns 112,177 shares of the company’s stock valued at $12,232,000 after buying an additional 7,986 shares during the last quarter. Harbour Investments Inc. grew its position in shares of 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 during the last quarter. Carrera Capital Advisors grew its position in shares of iShares MSCI USA Value Factor ETF by 5.6% during the 3rd quarter. Carrera Capital Advisors now owns 9,774 shares of the company’s stock valued at $1,066,000 after buying an additional 517 shares during the last quarter. Finally, Schrum Private Wealth Management LLC grew its position in shares of 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 during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 2.5 %

Shares of BATS:VLUE opened at $109.48 on Tuesday. 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 50-day simple moving average of $109.23 and a 200 day simple moving average of $109.17. The company has a market cap of $7.36 billion, a PE ratio of 16.17 and a beta of 1.03.

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.