JGP Wealth Management LLC Makes New Investment in iShares MSCI USA Value Factor ETF (BATS:VLUE)

JGP Wealth Management LLC acquired a new position in iShares MSCI USA Value Factor ETF (BATS:VLUE) in the fourth quarter, Holdings Channel.com reports. The firm acquired 2,769 shares of the company’s stock, valued at approximately $292,000.

Several other institutional investors have also recently modified their holdings of the company. Studio Investment Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth approximately $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $29,000. Armstrong Advisory Group Inc. bought a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $30,000. MGB Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $46,000.

iShares MSCI USA Value Factor ETF Trading Up 1.8 %

Shares of BATS:VLUE opened at $108.75 on Friday. The stock has a market capitalization of $7.35 billion, a P/E ratio of 13.26 and a beta of 0.87. The stock’s 50-day moving average price is $109.62 and its 200-day moving average price is $107.71. iShares MSCI USA Value Factor ETF has a 12-month low of $71.21 and a 12-month 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.