iShares MSCI USA Value Factor ETF $VLUE Shares Acquired by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. boosted its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 16.2% during the second quarter, Holdings Channel.com reports. The fund owned 2,898 shares of the company’s stock after purchasing an additional 404 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $328,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VLUE. Ameritas Advisory Services LLC purchased a new position in iShares MSCI USA Value Factor ETF during the second quarter valued at $26,000. Blue Bell Private Wealth Management LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 107.9% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 262 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares during the last quarter. Wayfinding Financial LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 1st quarter valued at about $33,000. Avalon Trust Co acquired a new stake in iShares MSCI USA Value Factor ETF in the 1st quarter worth about $46,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the first quarter valued at about $49,000.

iShares MSCI USA Value Factor ETF Trading Up 19.1%

VLUE opened at $127.26 on Tuesday. iShares MSCI USA Value Factor ETF has a twelve month low of $91.80 and a twelve month high of $116.51. The firm has a market capitalization of $7.50 billion, a PE ratio of 13.34 and a beta of 0.97. The firm’s 50-day moving average price is $119.60 and its 200 day moving average price is $111.70.

iShares MSCI USA Value Factor ETF Company 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.