Erste Asset Management GmbH Acquires New Stake in iShares MSCI USA Value Factor ETF $VLUE

Erste Asset Management GmbH acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 45,100 shares of the company’s stock, valued at approximately $5,631,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 21,582,330 shares of the company’s stock valued at $2,443,336,000 after purchasing an additional 904,701 shares during the period. Mason Street Advisors LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth about $40,016,000. Soundwatch Capital LLC bought a new stake in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at about $33,406,000. Orion Porfolio Solutions LLC boosted its position in 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 buying an additional 179,630 shares during the period. Finally, CW Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $17,716,000.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $150.79 on Friday. The company has a market capitalization of $8.89 billion, a P/E ratio of 13.34 and a beta of 0.97. The company’s 50-day simple moving average is $145.79 and its two-hundred day simple moving average is $133.38. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year high of $154.31.

iShares MSCI USA Value Factor ETF 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.