iShares MSCI USA Value Factor ETF (BATS:VLUE) Shares Bought by State of Michigan Retirement System

State of Michigan Retirement System increased its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 41.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 456,400 shares of the company’s stock after acquiring an additional 132,900 shares during the quarter. State of Michigan Retirement System owned approximately 0.67% of iShares MSCI USA Value Factor ETF worth $49,433,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $201,000. O Shaughnessy Asset Management LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 52.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 3,195 shares of the company’s stock worth $290,000 after buying an additional 1,104 shares during the period. Trexquant Investment LP boosted its position in shares of iShares MSCI USA Value Factor ETF by 80.6% in the third quarter. Trexquant Investment LP now owns 7,083 shares of the company’s stock worth $643,000 after buying an additional 3,162 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of iShares MSCI USA Value Factor ETF by 11,905.8% in the third quarter. Qube Research & Technologies Ltd now owns 124,740 shares of the company’s stock worth $11,316,000 after buying an additional 123,701 shares during the period. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $270,000.

iShares MSCI USA Value Factor ETF Stock Up 0.3 %

Shares of iShares MSCI USA Value Factor ETF stock traded up $0.27 during midday trading on Tuesday, hitting $103.41. The company’s stock had a trading volume of 134,675 shares. The firm has a market capitalization of $6.99 billion, a P/E ratio of 13.26 and a beta of 0.87. The stock has a 50-day simple moving average of $102.95 and a 200-day simple moving average of $102.62. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

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.