Keystone Financial Group Inc. Buys Shares of 11,599 iShares MSCI USA Value Factor ETF (BATS:VLUE)

Keystone Financial Group Inc. purchased a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 11,599 shares of the company’s stock, valued at approximately $1,225,000. iShares MSCI USA Value Factor ETF comprises about 1.0% of Keystone Financial Group Inc.’s investment portfolio, making the stock its 18th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mason Investment Advisory Services Inc. increased its position in iShares MSCI USA Value Factor ETF by 0.4% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 4,509,184 shares of the company’s stock worth $491,681,000 after purchasing an additional 19,941 shares in the last quarter. Wharton Business Group LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 15.6% during 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 during the last quarter. Cerity Partners LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 2.8% during the third quarter. Cerity Partners LLC now owns 729,032 shares of the company’s stock worth $79,494,000 after buying an additional 19,749 shares in the last quarter. Kathmere Capital Management LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 3.1% in the fourth quarter. Kathmere Capital Management LLC now owns 455,056 shares of the company’s stock valued at $48,058,000 after buying an additional 13,823 shares during the last quarter. Finally, Stonehearth Capital Management LLC lifted its stake in shares of iShares MSCI USA Value Factor ETF by 2.3% during the fourth quarter. Stonehearth Capital Management LLC now owns 371,508 shares of the company’s stock valued at $39,235,000 after buying an additional 8,410 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE stock opened at $109.97 on Friday. The company has a 50 day moving average price of $108.90 and a two-hundred day moving average price of $108.19. The stock has a market capitalization of $7.43 billion, a P/E ratio of 13.26 and a beta of 0.87. iShares MSCI USA Value Factor ETF has a one year low of $71.21 and a one year high of $89.40.

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.