Vision Capital Management Inc. Makes New $869,000 Investment in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Vision Capital Management Inc. purchased a new position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,593 shares of the company’s stock, valued at approximately $869,000.

Several other hedge funds have also recently modified their holdings of the stock. Armstrong Advisory Group Inc. purchased a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $25,000. Fortis Capital Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $33,000. FNY Investment Advisers LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $36,000. ICA Group Wealth Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $47,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at about $52,000.

iShares MSCI USA Value Factor ETF Price Performance

iShares MSCI USA Value Factor ETF stock opened at $105.94 on Wednesday. The firm has a 50 day simple moving average of $102.51 and a 200-day simple moving average of $96.97. iShares MSCI USA Value Factor ETF has a 1-year low of $71.21 and a 1-year high of $89.40. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 8.51 and a beta of 1.04.

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.