Meridian Wealth Partners LLC Grows Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Meridian Wealth Partners LLC raised its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.7% during the second quarter, Holdings Channel.com reports. The firm owned 152,068 shares of the company’s stock after purchasing an additional 8,241 shares during the quarter. iShares MSCI USA Value Factor ETF makes up 2.8% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 11th largest position. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $15,733,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors boosted its holdings in iShares MSCI USA Value Factor ETF by 1.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 5,436 shares of the company’s stock valued at $562,000 after purchasing an additional 101 shares in the last quarter. Goldstein Advisors LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 2.7% during the 2nd quarter. Goldstein Advisors LLC now owns 4,412 shares of the company’s stock valued at $456,000 after acquiring an additional 114 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 22.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 659 shares of the company’s stock valued at $67,000 after acquiring an additional 121 shares during the period. Tradition Wealth Management LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 12.2% during the 4th quarter. Tradition Wealth Management LLC now owns 1,235 shares of the company’s stock valued at $125,000 after acquiring an additional 134 shares during the period. Finally, CFS Investment Advisory Services LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 5.2% during the 4th quarter. CFS Investment Advisory Services LLC now owns 3,079 shares of the company’s stock valued at $311,000 after acquiring an additional 152 shares during the period.

iShares MSCI USA Value Factor ETF Trading Up 0.2 %

VLUE stock opened at $107.70 on Wednesday. The firm has a 50 day moving average of $105.33 and a 200-day moving average of $104.33. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-month high of $89.40. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

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.