Sugar Maple Asset Management LLC Invests $382,000 in iShares MSCI USA Value Factor ETF $VLUE

Sugar Maple Asset Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,685 shares of the company’s stock, valued at approximately $382,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Diversified Enterprises LLC boosted its stake in iShares MSCI USA Value Factor ETF by 2.4% during the fourth quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock worth $442,000 after buying an additional 75 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,383 shares of the company’s stock valued at $463,000 after acquiring an additional 86 shares during the period. Stokes Family Office LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 2.8% in the 4th quarter. Stokes Family Office LLC now owns 3,780 shares of the company’s stock worth $517,000 after acquiring an additional 103 shares during the last quarter. Comerica Bank lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 0.8% in the 3rd quarter. Comerica Bank now owns 12,753 shares of the company’s stock worth $1,595,000 after acquiring an additional 104 shares during the last quarter. Finally, OMNI 360 Wealth Inc. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 1.2% during the 4th quarter. OMNI 360 Wealth Inc. now owns 9,321 shares of the company’s stock worth $1,339,000 after purchasing an additional 106 shares during the period.

iShares MSCI USA Value Factor ETF Trading Down 2.2%

Shares of BATS:VLUE opened at $200.09 on Friday. The company has a market capitalization of $11.80 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57. The firm’s 50-day moving average is $185.07 and its 200 day moving average is $159.04.

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.