Steelhead Wealth Management LLC Purchases Shares of 8,734 iShares MSCI USA Value Factor ETF $VLUE

Steelhead Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 1st quarter, Holdings Channel reports. The fund purchased 8,734 shares of the company’s stock, valued at approximately $1,241,000.

Several other institutional investors have also recently made changes to their positions in VLUE. Security Financial Services INC. purchased a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter worth approximately $206,000. Western Wealth Management LLC bought a new position in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $41,000. Bank of America Corp DE boosted its stake 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 worth $229,251,000 after acquiring an additional 5,584 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of iShares MSCI USA Value Factor ETF by 151.5% during the 1st quarter. Arkadios Wealth Advisors now owns 18,066 shares of the company’s stock worth $2,569,000 after acquiring an additional 10,882 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 21.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,179 shares of the company’s stock worth $168,000 after acquiring an additional 208 shares during the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of VLUE stock opened at $191.14 on Monday. iShares MSCI USA Value Factor ETF has a 1 year low of $110.53 and a 1 year high of $206.57. The firm has a fifty day moving average price of $195.79 and a 200-day moving average price of $168.93. The company has a market cap of $11.27 billion, a price-to-earnings 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.