Optivise Advisory Services LLC Has $2.22 Million Stake in iShares MSCI USA Value Factor ETF $VLUE

Optivise Advisory Services LLC boosted its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 187.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,268 shares of the company’s stock after acquiring an additional 10,616 shares during the quarter. iShares MSCI USA Value Factor ETF accounts for 1.3% of Optivise Advisory Services LLC’s portfolio, making the stock its 15th largest position. Optivise Advisory Services LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,224,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VLUE. Salem Investment Counselors Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 306.9% during the 3rd quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock worth $37,000 after purchasing an additional 221 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of 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 during the period. Rothschild Investment LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 64.0% in the third 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 bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at about $58,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 42.7% during the third quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock worth $66,000 after buying an additional 159 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $145.56 on Thursday. The company has a market cap of $8.58 billion, a PE ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 52-week low of $91.80 and a 52-week high of $154.31. The stock has a 50-day simple moving average of $147.89 and a 200 day simple moving average of $136.80.

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.