Elk River Wealth Management LLC Buys 7,148 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Elk River Wealth Management LLC boosted its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 4.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 164,889 shares of the company’s stock after buying an additional 7,148 shares during the period. iShares MSCI USA Value Factor ETF makes up 3.2% of Elk River Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Elk River Wealth Management LLC owned 0.24% of iShares MSCI USA Value Factor ETF worth $17,414,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Northwest Investment Counselors LLC bought a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $46,000. Foundations Investment Advisors LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 8.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 15,168 shares of the company’s stock valued at $1,654,000 after purchasing an additional 1,211 shares during the period. Greenleaf Trust boosted its holdings in iShares MSCI USA Value Factor ETF by 5.7% in the 3rd quarter. Greenleaf Trust now owns 6,896 shares of the company’s stock valued at $752,000 after purchasing an additional 371 shares during the period. OMNI 360 Wealth Inc. boosted its holdings in 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 period. Finally, Baron Silver Stevens Financial Advisors LLC boosted its holdings in 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 during the period.

iShares MSCI USA Value Factor ETF Stock Up 6.3 %

BATS VLUE opened at $113.56 on Thursday. The company has a market capitalization of $7.67 billion, a P/E ratio of 13.26 and a beta of 0.87. 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 50-day moving average price of $108.62 and a two-hundred day moving average price of $108.55.

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.