PMG Wealth Management Inc. Makes New Investment in iShares MSCI USA Value Factor ETF (BATS:VLUE)

PMG Wealth Management Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,017 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds have also modified their holdings of VLUE. Greenleaf Trust raised its holdings in iShares MSCI USA Value Factor ETF by 5.7% in the third quarter. Greenleaf Trust now owns 6,896 shares of the company’s stock valued at $752,000 after acquiring an additional 371 shares in the last quarter. OMNI 360 Wealth Inc. increased its position in shares of iShares MSCI USA Value Factor ETF by 1.8% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock valued at $957,000 after purchasing an additional 156 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 2.3% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 23,118 shares of the company’s stock valued at $2,521,000 after purchasing an additional 529 shares in the last quarter. Stephens Inc. AR lifted its position in shares of iShares MSCI USA Value Factor ETF by 14.8% during the 3rd quarter. Stephens Inc. AR now owns 39,036 shares of the company’s stock worth $4,256,000 after purchasing an additional 5,037 shares during the last quarter. Finally, Focus Financial Network Inc. grew its stake in shares of iShares MSCI USA Value Factor ETF by 0.9% during the third quarter. Focus Financial Network Inc. now owns 39,007 shares of the company’s stock worth $4,253,000 after purchasing an additional 357 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

BATS:VLUE opened at $111.63 on Friday. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The firm has a market capitalization of $7.54 billion, a PE ratio of 13.26 and a beta of 0.87. The business’s fifty day moving average price is $108.68 and its 200 day moving average price is $108.58.

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.