Modus Advisors LLC Invests $106,000 in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Modus Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF (BATS:VLUE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $106,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Syntax Research Inc. raised its stake in iShares MSCI USA Value Factor ETF by 0.9% during the third quarter. Syntax Research Inc. now owns 72,176 shares of the company’s stock worth $7,870,000 after buying an additional 650 shares during the last quarter. Destination Wealth Management acquired a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter worth about $237,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth about $29,000. Nomura Asset Management Co. Ltd. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $3,664,000. Finally, EP Wealth Advisors LLC increased its holdings in iShares MSCI USA Value Factor ETF by 0.4% in the third quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock worth $3,006,000 after purchasing an additional 122 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of iShares MSCI USA Value Factor ETF stock traded down $0.15 on Friday, reaching $105.46. 436,541 shares of the company’s stock were exchanged. The company has a market capitalization of $7.12 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40. The firm’s 50-day moving average is $110.16 and its two-hundred day moving average is $107.46.

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.