Erste Asset Management GmbH Has $14.14 Million Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Erste Asset Management GmbH grew its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 129.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 103,400 shares of the company’s stock after purchasing an additional 58,300 shares during the quarter. Erste Asset Management GmbH’s holdings in iShares MSCI USA Value Factor ETF were worth $14,138,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Diversified Enterprises LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 2.4% during the 4th quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock worth $442,000 after purchasing an additional 75 shares during the last quarter. Comerica Bank boosted its stake in shares of iShares MSCI USA Value Factor ETF by 0.8% during the 3rd quarter. Comerica Bank now owns 12,753 shares of the company’s stock worth $1,595,000 after acquiring an additional 104 shares during the period. Smithfield Trust Co boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.3% during the 3rd quarter. Smithfield Trust Co now owns 2,542 shares of the company’s stock worth $318,000 after acquiring an additional 105 shares during the period. OMNI 360 Wealth Inc. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 1.2% during the 4th quarter. OMNI 360 Wealth Inc. now owns 9,321 shares of the company’s stock worth $1,339,000 after acquiring an additional 106 shares during the period. Finally, HUB Investment Partners LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.4% during the 3rd quarter. HUB Investment Partners LLC now owns 2,872 shares of the company’s stock worth $359,000 after acquiring an additional 120 shares during the period.

iShares MSCI USA Value Factor ETF Trading Up 1.9%

Shares of BATS VLUE opened at $195.57 on Tuesday. iShares MSCI USA Value Factor ETF has a 12 month low of $108.90 and a 12 month high of $204.35. The stock has a 50 day moving average of $170.83 and a 200-day moving average of $152.62. The company has a market capitalization of $11.53 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.