SVB Wealth LLC Makes New Investment in iShares MSCI USA Value Factor ETF (BATS:VLUE)

SVB Wealth LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 92,836 shares of the company’s stock, valued at approximately $9,804,000. SVB Wealth LLC owned approximately 0.14% of iShares MSCI USA Value Factor ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. QRG Capital Management Inc. acquired a new position in iShares MSCI USA Value Factor ETF in the fourth quarter valued at $256,000. EQ LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 4.7% in the 4th quarter. EQ LLC now owns 31,649 shares of the company’s stock valued at $3,343,000 after purchasing an additional 1,423 shares during the period. Summit Wealth Group LLC grew its stake in iShares MSCI USA Value Factor ETF by 3.9% during the 4th quarter. Summit Wealth Group LLC now owns 47,270 shares of the company’s stock worth $4,992,000 after buying an additional 1,790 shares during the last quarter. MorganRosel Wealth Management LLC grew its stake in iShares MSCI USA Value Factor ETF by 13.9% during the 4th quarter. MorganRosel Wealth Management LLC now owns 12,005 shares of the company’s stock worth $1,268,000 after buying an additional 1,465 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $7,655,000.

iShares MSCI USA Value Factor ETF Trading Up 4.1 %

Shares of BATS VLUE opened at $111.21 on Friday. The stock has a market cap of $7.48 billion, a P/E ratio of 16.17 and a beta of 1.03. The stock has a 50 day moving average of $109.16 and a two-hundred day moving average of $109.03. iShares MSCI USA Value Factor ETF has a twelve month low of $71.21 and a twelve month high of $89.40.

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.