Berkshire Money Management Inc. Buys Shares of 772 iShares MSCI USA Value Factor ETF $VLUE

Berkshire Money Management Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) during the second quarter, HoldingsChannel.com reports. The fund acquired 772 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLUE. Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI USA Value Factor ETF by 2.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 20,677,629 shares of the company’s stock valued at $2,205,269,000 after purchasing an additional 536,413 shares during the last quarter. Mullooly Asset Management Inc. acquired a new position in iShares MSCI USA Value Factor ETF in the 1st quarter valued at $931,211,000. Mason Investment Advisory Services Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 0.6% in the 1st quarter. Mason Investment Advisory Services Inc. now owns 4,615,680 shares of the company’s stock worth $492,262,000 after acquiring an additional 27,579 shares during the period. Wharton Business Group LLC raised its holdings in iShares MSCI USA Value Factor ETF by 0.5% in the 1st quarter. Wharton Business Group LLC now owns 1,301,911 shares of the company’s stock worth $138,812,000 after acquiring an additional 6,245 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in iShares MSCI USA Value Factor ETF by 0.7% during the 1st quarter. BNP Paribas Financial Markets now owns 1,216,019 shares of the company’s stock worth $129,688,000 after acquiring an additional 8,994 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $127.41 on Monday. The stock’s 50-day moving average is $119.36 and its 200-day moving average is $111.55. The company has a market cap of $7.51 billion, a P/E ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a 52-week low of $91.80 and a 52-week high of $116.51.

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.