Cannon Financial Strategists Inc. Purchases 11,782 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Cannon Financial Strategists Inc. lifted its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 88.3% during the 4th quarter, HoldingsChannel reports. The firm owned 25,120 shares of the company’s stock after acquiring an additional 11,782 shares during the quarter. iShares MSCI USA Value Factor ETF accounts for about 0.5% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 22nd largest holding. Cannon Financial Strategists Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $2,653,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in VLUE. Wharton Business Group LLC increased its holdings in shares of iShares MSCI USA Value Factor ETF by 15.6% in the third quarter. Wharton Business Group LLC now owns 1,290,421 shares of the company’s stock worth $140,708,000 after purchasing an additional 174,330 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter worth about $5,920,000. Strategic Financial Concepts LLC purchased a new position in iShares MSCI USA Value Factor ETF in the fourth quarter worth about $4,466,000. Nomura Asset Management Co. Ltd. purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter worth about $3,664,000. Finally, Mason Investment Advisory Services Inc. grew its position in iShares MSCI USA Value Factor ETF by 0.4% in the third quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after acquiring an additional 19,941 shares in the last quarter.

iShares MSCI USA Value Factor ETF Trading Up 6.2 %

VLUE opened at $113.45 on Wednesday. The firm has a market cap of $7.66 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The stock has a 50-day moving average of $108.50 and a 200 day moving average of $108.43.

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.