State of Michigan Retirement System Acquires 23,900 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

State of Michigan Retirement System boosted its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 6.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 421,400 shares of the company’s stock after buying an additional 23,900 shares during the period. State of Michigan Retirement System’s holdings in iShares MSCI USA Value Factor ETF were worth $44,504,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VLUE. BCGM Wealth Management LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 3.0% in the fourth quarter. BCGM Wealth Management LLC now owns 3,303 shares of the company’s stock worth $349,000 after acquiring an additional 97 shares during the last quarter. Sound Income Strategies LLC raised its stake in iShares MSCI USA Value Factor ETF by 17.9% in the 4th quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after purchasing an additional 103 shares during the last quarter. RHS Financial LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 2.7% in the 4th quarter. RHS Financial LLC now owns 3,911 shares of the company’s stock valued at $413,000 after purchasing an additional 104 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 0.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,676 shares of the company’s stock worth $3,345,000 after buying an additional 114 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 0.4% in the third quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock valued at $3,006,000 after buying an additional 122 shares during the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 2.5 %

VLUE opened at $109.48 on Tuesday. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40. The firm has a market capitalization of $7.36 billion, a PE ratio of 16.17 and a beta of 1.03. The firm’s 50-day moving average price is $109.23 and its 200 day moving average price is $109.17.

iShares MSCI USA Value Factor ETF 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.