iShares MSCI USA Value Factor ETF $VLUE Shares Newly Acquired by Arrow Investment Advisors LLC

Arrow Investment Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 31,826 shares of the company’s stock, valued at approximately $6,302,000. iShares MSCI USA Value Factor ETF makes up approximately 5.5% of Arrow Investment Advisors LLC’s investment portfolio, making the stock its 2nd largest holding.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares MSCI USA Value Factor ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 1,612,286 shares of the company’s stock valued at $229,251,000 after purchasing an additional 5,584 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares MSCI USA Value Factor ETF by 1.5% in the first quarter. PNC Financial Services Group Inc. now owns 558,535 shares of the company’s stock valued at $79,418,000 after buying an additional 8,335 shares in the last quarter. Royal Bank of Canada boosted its position in iShares MSCI USA Value Factor ETF by 75.4% in the first quarter. Royal Bank of Canada now owns 305,941 shares of the company’s stock valued at $43,502,000 after buying an additional 131,527 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $28,852,000. Finally, Cetera Investment Advisers grew its stake in shares of iShares MSCI USA Value Factor ETF by 87.7% during the first quarter. Cetera Investment Advisers now owns 194,434 shares of the company’s stock worth $27,647,000 after buying an additional 90,872 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 0.1%

Shares of BATS VLUE traded up $0.20 during midday trading on Friday, reaching $182.19. 338,125 shares of the company were exchanged, compared to its average volume of 1,100,135. The stock’s 50-day moving average price is $197.88 and its 200-day moving average price is $179.70. The stock has a market cap of $10.74 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $124.55 and a one year high of $206.57.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.