Centricity Wealth Management LLC Takes $123,000 Position in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Centricity Wealth Management LLC acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 4th quarter, Holdings Channel reports. The fund acquired 1,163 shares of the company’s stock, valued at approximately $123,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Wharton Business Group LLC boosted its position in iShares MSCI USA Value Factor ETF by 15.6% during the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after acquiring an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $5,920,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at $4,466,000. Nomura Asset Management Co. Ltd. acquired a new position in iShares MSCI USA Value Factor ETF in the third quarter valued at $3,664,000. Finally, Mason Investment Advisory Services Inc. lifted its position in iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after buying an additional 19,941 shares during the period.

iShares MSCI USA Value Factor ETF Trading Up 6.1 %

Shares of BATS:VLUE opened at $113.38 on Friday. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The stock’s 50-day moving average price is $108.68 and its two-hundred day moving average price is $108.58. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-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.