iShares MSCI USA Value Factor ETF (BATS:VLUE) Stock Position Raised by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 2.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 138,895 shares of the company’s stock after acquiring an additional 2,664 shares during the period. iShares MSCI USA Value Factor ETF accounts for about 2.7% of Meridian Wealth Partners LLC’s portfolio, making the stock its 13th biggest position. Meridian Wealth Partners LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $14,051,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Matson Money. Inc. boosted its position in shares of iShares MSCI USA Value Factor ETF by 10.5% in the 4th quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock valued at $404,098,000 after purchasing an additional 378,602 shares during the period. Wharton Business Group LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 35.0% in the third quarter. Wharton Business Group LLC now owns 1,206,737 shares of the company’s stock worth $109,475,000 after acquiring an additional 312,877 shares in the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $81,771,000. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at $44,024,000. Finally, State of Michigan Retirement System increased its holdings in shares of iShares MSCI USA Value Factor ETF by 9.7% in the 4th quarter. State of Michigan Retirement System now owns 323,500 shares of the company’s stock valued at $32,725,000 after purchasing an additional 28,700 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS VLUE traded down $0.33 during trading hours on Friday, hitting $102.17. The stock had a trading volume of 265,591 shares. The company has a market capitalization of $6.94 billion, a P/E ratio of 13.22 and a beta of 0.90. The firm’s 50-day moving average price is $104.26 and its two-hundred day moving average price is $98.98. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40.

About iShares MSCI USA Value Factor ETF

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.