Tactive Advisors LLC Purchases Shares of 55,358 iShares MSCI USA Value Factor ETF $VLUE

Tactive Advisors LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 55,358 shares of the company’s stock, valued at approximately $7,569,000. iShares MSCI USA Value Factor ETF accounts for about 2.2% of Tactive Advisors LLC’s portfolio, making the stock its 8th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Salem Investment Counselors Inc. increased its position in shares of iShares MSCI USA Value Factor ETF by 306.9% during the 3rd quarter. Salem Investment Counselors Inc. now owns 293 shares of the company’s stock valued at $37,000 after purchasing an additional 221 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in iShares MSCI USA Value Factor ETF by 69.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock worth $37,000 after buying an additional 133 shares during the last quarter. Rothschild Investment LLC lifted its position in iShares MSCI USA Value Factor ETF by 64.0% in the 3rd quarter. Rothschild Investment LLC now owns 410 shares of the company’s stock worth $51,000 after buying an additional 160 shares during the last quarter. Root Financial Partners LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $58,000. Finally, EverSource Wealth Advisors LLC boosted its stake in iShares MSCI USA Value Factor ETF by 42.7% in the third quarter. EverSource Wealth Advisors LLC now owns 531 shares of the company’s stock worth $66,000 after buying an additional 159 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

Shares of BATS VLUE opened at $143.10 on Monday. The stock has a market capitalization of $8.44 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a one year low of $91.80 and a one year high of $154.31. The firm’s 50 day simple moving average is $147.82 and its two-hundred day simple moving average is $136.40.

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