Smithfield Trust Co Buys 1,216 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Smithfield Trust Co boosted its stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 99.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,437 shares of the company’s stock after purchasing an additional 1,216 shares during the quarter. Smithfield Trust Co’s holdings in iShares MSCI USA Value Factor ETF were worth $257,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in VLUE. Synergy Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $26,000. Studio Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth approximately $29,000. MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth approximately $30,000. Finally, Insight Inv LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the fourth quarter worth approximately $52,000.

iShares MSCI USA Value Factor ETF Trading Up 1.3 %

VLUE stock opened at $108.24 on Thursday. The company’s 50 day moving average is $109.28 and its 200 day moving average is $109.18. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40.

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.