Royal Bank of Canada Buys 131,527 Shares of iShares MSCI USA Value Factor ETF $VLUE

Royal Bank of Canada boosted its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 75.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 305,941 shares of the company’s stock after buying an additional 131,527 shares during the quarter. Royal Bank of Canada owned approximately 0.52% of iShares MSCI USA Value Factor ETF worth $43,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the business. GHP Investment Advisors Inc. purchased a new position in iShares MSCI USA Value Factor ETF in the first quarter worth $25,000. Lloyd Advisory Services LLC. bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth $33,000. Smartleaf Asset Management LLC boosted its position in iShares MSCI USA Value Factor ETF by 69.3% during the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares during the period. SHP Wealth Management purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at about $46,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at about $50,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of iShares MSCI USA Value Factor ETF stock opened at $191.14 on Monday. The company’s 50 day moving average price is $195.79 and its 200-day moving average price is $168.93. iShares MSCI USA Value Factor ETF has a 52-week low of $110.53 and a 52-week high of $206.57. The stock has a market capitalization of $11.27 billion, a price-to-earnings 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.