Wealthcare Advisory Partners LLC Invests $861,000 in iShares MSCI USA Value Factor ETF $VLUE

Wealthcare Advisory Partners LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,300 shares of the company’s stock, valued at approximately $861,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Caisse de depot et placement du Quebec acquired a new position in iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $187,061,000. Northwestern Mutual Wealth Management Co. increased its holdings in iShares MSCI USA Value Factor ETF by 2.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 22,160,303 shares of the company’s stock worth $2,771,146,000 after buying an additional 577,973 shares during the last quarter. Mason Street Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth $40,016,000. Orion Porfolio Solutions LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after purchasing an additional 179,630 shares during the period. Finally, CW Advisors LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $17,716,000.

iShares MSCI USA Value Factor ETF Stock Up 2.7%

BATS:VLUE opened at $142.19 on Wednesday. iShares MSCI USA Value Factor ETF has a 12-month low of $91.80 and a 12-month high of $154.31. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The stock’s 50 day moving average price is $147.65 and its two-hundred day moving average price is $137.49.

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.