Horizon Investments LLC Invests $34.47 Million in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Horizon Investments LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 326,422 shares of the company’s stock, valued at approximately $34,473,000. iShares MSCI USA Value Factor ETF comprises approximately 1.0% of Horizon Investments LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other hedge funds have also recently bought and sold shares of the stock. Synergy Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $26,000. Studio Investment Management LLC acquired a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth approximately $29,000. MGB Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $30,000. Finally, Insight Inv LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth approximately $52,000.

iShares MSCI USA Value Factor ETF Trading Up 1.5 %

Shares of BATS VLUE opened at $108.38 on Tuesday. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of 14.85 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a one year low of $98.51 and a one year high of $115.88. The business has a fifty day simple moving average of $109.38 and a 200 day simple moving average of $109.24.

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.