iShares MSCI USA Value Factor ETF (BATS:VLUE) Stake Increased by Syntax Research Inc.

Syntax Research Inc. raised its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72,176 shares of the company’s stock after acquiring an additional 650 shares during the quarter. iShares MSCI USA Value Factor ETF makes up 5.3% of Syntax Research Inc.’s holdings, making the stock its 2nd largest holding. Syntax Research Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $7,870,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares MSCI USA Value Factor ETF by 2.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock valued at $1,951,785,000 after buying an additional 480,177 shares during the period. Wharton Business Group LLC boosted its stake in iShares MSCI USA Value Factor ETF by 15.6% in the 3rd 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 in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $5,920,000. Strategic Financial Concepts LLC acquired a new position in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at approximately $44,000. Finally, Nomura Asset Management Co. Ltd. acquired a new position in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $3,664,000.

iShares MSCI USA Value Factor ETF Trading Down 0.6 %

BATS:VLUE opened at $107.64 on Wednesday. The company has a market capitalization of $7.27 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 firm has a fifty day simple moving average of $111.11 and a 200-day simple moving average of $107.27.

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.