MGB Wealth Management LLC Acquires New Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

MGB Wealth Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 275 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI USA Value Factor ETF by 2.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after buying an additional 480,177 shares during the period. Mason Investment Advisory Services Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 0.4% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock valued at $491,681,000 after buying an additional 19,941 shares during the period. Wharton Business Group LLC raised its holdings in iShares MSCI USA Value Factor ETF by 15.6% in the 3rd quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after buying an additional 174,330 shares during the period. Cerity Partners LLC grew its position in iShares MSCI USA Value Factor ETF by 2.8% in the 3rd quarter. Cerity Partners LLC now owns 729,032 shares of the company’s stock valued at $79,494,000 after acquiring an additional 19,749 shares in the last quarter. Finally, Kathmere Capital Management LLC grew its position in iShares MSCI USA Value Factor ETF by 6.7% in the 2nd quarter. Kathmere Capital Management LLC now owns 425,675 shares of the company’s stock valued at $44,040,000 after acquiring an additional 26,550 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

BATS VLUE opened at $114.13 on Friday. The company has a market cap of $7.71 billion, a P/E ratio of 13.26 and a beta of 0.87. The stock has a 50-day moving average of $109.79 and a two-hundred day moving average of $106.18. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

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.