iShares MSCI USA Value Factor ETF $VLUE Stock: IFP Advisors Inc Grows Position

IFP Advisors Inc increased its holdings in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 13.9% in the third quarter, Holdings Channel reports. The firm owned 57,668 shares of the company’s stock after buying an additional 7,049 shares during the quarter. IFP Advisors Inc’s holdings in iShares MSCI USA Value Factor ETF were worth $11,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Keystone Financial Group Inc. increased its stake in iShares MSCI USA Value Factor ETF by 0.5% in the third quarter. Keystone Financial Group Inc. now owns 11,288 shares of the company’s stock valued at $2,235,000 after purchasing an additional 54 shares during the period. Sound Income Strategies LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 14.0% in the first quarter. Sound Income Strategies LLC now owns 554 shares of the company’s stock valued at $80,000 after buying an additional 68 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 61.4% in the second quarter. GAMMA Investing LLC now owns 205 shares of the company’s stock valued at $41,000 after buying an additional 78 shares during the last quarter. Succession Financial Inc. raised its holdings in shares of iShares MSCI USA Value Factor ETF by 14.8% in the third quarter. Succession Financial Inc. now owns 1,195 shares of the company’s stock valued at $237,000 after buying an additional 154 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the second quarter worth about $32,000.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE opened at $192.25 on Friday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $124.55 and a fifty-two week high of $206.57. The firm has a 50-day simple moving average of $200.47 and a 200-day simple moving average of $189.01. The company has a market capitalization of $11.33 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97.

About iShares MSCI USA Value Factor ETF

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.