Y Intercept Hong Kong Ltd Takes $506,000 Position in iShares MSCI USA Value Factor ETF $VLUE

Y Intercept Hong Kong Ltd acquired a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,473 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in iShares MSCI USA Value Factor ETF in the second quarter valued at about $26,000. Blue Bell Private Wealth Management LLC boosted its position in iShares MSCI USA Value Factor ETF by 107.9% during the first quarter. Blue Bell Private Wealth Management LLC now owns 262 shares of the company’s stock valued at $28,000 after acquiring an additional 136 shares during the last quarter. Avalon Trust Co acquired a new position in iShares MSCI USA Value Factor ETF in the first quarter valued at approximately $46,000. AlphaCore Capital LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 1st quarter worth approximately $49,000. Finally, Costello Asset Management INC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 1st quarter worth approximately $52,000.

iShares MSCI USA Value Factor ETF Stock Up 21.1%

Shares of BATS VLUE opened at $129.38 on Friday. The firm has a market cap of $7.63 billion, a PE ratio of 13.34 and a beta of 0.97. The company’s fifty day simple moving average is $124.98 and its 200 day simple moving average is $115.83. iShares MSCI USA Value Factor ETF has a 12-month low of $91.80 and a 12-month high of $116.51.

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.