Elevation Point Wealth Partners LLC Increases Stock Holdings in iShares MSCI USA Value Factor ETF $VLUE

Elevation Point Wealth Partners LLC raised its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 414.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 18,912 shares of the company’s stock after acquiring an additional 15,239 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $2,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Salem Investment Counselors Inc. lifted its position in shares of iShares MSCI USA Value Factor ETF by 306.9% during the third quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock worth $37,000 after purchasing an additional 221 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after purchasing an additional 133 shares in the last quarter. Rothschild Investment LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 64.0% in the third quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock valued at $51,000 after purchasing an additional 160 shares in the last quarter. Root Financial Partners LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $58,000. Finally, EverSource Wealth Advisors LLC increased its stake in iShares MSCI USA Value Factor ETF by 42.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock worth $66,000 after buying an additional 159 shares during the period.

iShares MSCI USA Value Factor ETF Stock Up 0.6%

iShares MSCI USA Value Factor ETF stock opened at $144.69 on Monday. iShares MSCI USA Value Factor ETF has a 52-week low of $91.80 and a 52-week high of $154.31. The firm has a market cap of $8.53 billion, a PE ratio of 13.34 and a beta of 0.97. The company’s 50 day moving average is $147.52 and its two-hundred day moving average is $135.49.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.