Farther Finance Advisors LLC Increases Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Farther Finance Advisors LLC raised its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 64.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,644 shares of the company’s stock after purchasing an additional 5,356 shares during the period. Farther Finance Advisors LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $1,866,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 69.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares in the last quarter. Rothschild Investment LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 64.0% in the 3rd quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock valued at $51,000 after purchasing an additional 160 shares in the last quarter. Root Financial Partners LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $58,000. EverSource Wealth Advisors LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 42.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock valued at $66,000 after purchasing an additional 159 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $74,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE stock opened at $158.22 on Monday. The stock’s fifty day moving average is $148.46 and its two-hundred day moving average is $139.99. The firm has a market capitalization of $9.33 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a fifty-two week low of $96.01 and a fifty-two week high of $158.86.

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