Synergy Investment Management LLC Acquires New Stake in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Synergy Investment Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 250 shares of the company’s stock, valued at approximately $26,000.

Several other large investors also recently added to or reduced their stakes in VLUE. Wharton Business Group LLC boosted its stake in iShares MSCI USA Value Factor ETF by 15.6% during the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock valued at $140,708,000 after buying an additional 174,330 shares during the period. SVB Wealth LLC bought a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $9,804,000. Bank of New York Mellon Corp bought a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $7,655,000. Kovitz Investment Group Partners LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at $5,920,000. Finally, Strategic Financial Concepts LLC bought a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $4,466,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS:VLUE opened at $108.24 on Thursday. The stock has a fifty day moving average of $109.28 and a 200 day moving average of $109.18. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The firm has a market capitalization of $7.28 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03.

iShares MSCI USA Value Factor ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VLUE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Value Factor ETF (BATS:VLUEFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Value Factor ETF (BATS:VLUE)

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