Rhumbline Advisers Has $1.50 Million Stock Position in iShares MSCI USA Value Factor ETF $VLUE

Rhumbline Advisers increased its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 122.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,989 shares of the company’s stock after acquiring an additional 6,591 shares during the period. Rhumbline Advisers’ holdings in iShares MSCI USA Value Factor ETF were worth $1,499,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of VLUE. Stratos Wealth Partners LTD. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $1,064,000. MB Generational Wealth LLC acquired a new position in iShares MSCI USA Value Factor ETF during the third quarter worth approximately $802,000. Breakwater Capital Group bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $319,000. RFG Advisory LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $324,000. Finally, Cornerstone Advisors Asset Management LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 10.6% during the 3rd quarter. Cornerstone Advisors Asset Management LLC now owns 6,486 shares of the company’s stock worth $811,000 after acquiring an additional 623 shares during the period.

iShares MSCI USA Value Factor ETF Trading Down 0.2%

VLUE stock opened at $150.79 on Monday. iShares MSCI USA Value Factor ETF has a 1-year low of $91.80 and a 1-year high of $154.31. The business’s 50 day simple moving average is $145.79 and its 200 day simple moving average is $133.49. The firm has a market capitalization of $8.89 billion, a PE ratio of 13.34 and a beta of 0.97.

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.