Avantax Planning Partners Inc. Acquires New Shares in iShares MSCI USA Value Factor ETF $VLUE

Avantax Planning Partners Inc. acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the third quarter, according to its most recent filing with the SEC. The firm acquired 24,015 shares of the company’s stock, valued at approximately $4,755,000.

Several other hedge funds have also recently made changes to their positions in VLUE. Brighton Jones LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $215,000. Tennessee Valley Asset Management Partners increased its position in iShares MSCI USA Value Factor ETF by 0.6% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 36,145 shares of the company’s stock valued at $7,156,000 after purchasing an additional 209 shares during the period. Parallel Advisors LLC increased its position in iShares MSCI USA Value Factor ETF by 8.5% during the 3rd quarter. Parallel Advisors LLC now owns 48,879 shares of the company’s stock valued at $9,678,000 after purchasing an additional 3,829 shares during the period. Asset Dedication LLC purchased a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $44,000. Finally, Ashton Thomas Private Wealth LLC raised its holdings in iShares MSCI USA Value Factor ETF by 3.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 15,298 shares of the company’s stock worth $3,029,000 after purchasing an additional 503 shares in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 0.1%

Shares of BATS VLUE opened at $182.19 on Friday. The firm has a fifty day simple moving average of $197.88 and a two-hundred day simple moving average of $179.70. iShares MSCI USA Value Factor ETF has a 12 month low of $124.55 and a 12 month high of $206.57. The firm has a market capitalization of $10.74 billion, a PE ratio of 13.34 and a beta of 0.97.

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.