Leo Wealth LLC Purchases Shares of 2,651 iShares MSCI USA Value Factor ETF (BATS:VLUE)

Leo Wealth LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, Holdings Channel reports. The fund acquired 2,651 shares of the company’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Studio Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $29,000. Armstrong Advisory Group Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $30,000. MGB Wealth Management LLC acquired a new position in iShares MSCI USA Value Factor ETF during the third quarter worth $30,000. Finally, Northwest Investment Counselors LLC bought a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at $46,000.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS:VLUE opened at $109.43 on Friday. The company’s 50-day moving average price is $108.82 and its two-hundred day moving average price is $108.21. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40. The stock has a market capitalization of $7.39 billion, a PE ratio of 13.26 and a beta of 0.87.

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.