22,271 Shares in iShares MSCI USA Value Factor ETF $VLUE Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 22,271 shares of the company’s stock, valued at approximately $3,167,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Sound Income Strategies LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 14.0% during the first quarter. Sound Income Strategies LLC now owns 554 shares of the company’s stock valued at $80,000 after purchasing an additional 68 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake in shares of iShares MSCI USA Value Factor ETF by 6.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 9,584 shares of the company’s stock worth $1,363,000 after acquiring an additional 588 shares during the period. Keystone Global Partners LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the first quarter valued at approximately $2,724,000. Brown Miller Wealth Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter valued at approximately $567,000. Finally, Apollon Financial LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the first quarter worth approximately $220,000.

iShares MSCI USA Value Factor ETF Stock Down 1.7%

BATS VLUE traded down $3.29 on Tuesday, reaching $190.71. 247,130 shares of the stock traded hands, compared to its average volume of 1,414,308. iShares MSCI USA Value Factor ETF has a 12 month low of $110.53 and a 12 month high of $206.57. The company has a market cap of $11.24 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. The firm’s fifty day simple moving average is $189.60 and its 200 day simple moving average is $161.71.

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