Meridian Wealth Management LLC Boosts Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Meridian Wealth Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 18.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 9,090 shares of the company’s stock after purchasing an additional 1,415 shares during the period. Meridian Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $991,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its position in iShares MSCI USA Value Factor ETF by 464.0% during the 1st quarter. Russell Investments Group Ltd. now owns 784 shares of the company’s stock valued at $85,000 after acquiring an additional 645 shares in the last quarter. Bessemer Group Inc. grew its stake in iShares MSCI USA Value Factor ETF by 85.4% in the first quarter. Bessemer Group Inc. now owns 1,828 shares of the company’s stock valued at $197,000 after purchasing an additional 842 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 4.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 14,791 shares of the company’s stock worth $1,602,000 after purchasing an additional 600 shares in the last quarter. Atria Investments Inc purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the first quarter valued at about $1,042,000. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 954.7% in the 1st quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock valued at $8,301,000 after buying an additional 69,377 shares in the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 1.1 %

BATS VLUE opened at $114.13 on Friday. iShares MSCI USA Value Factor ETF has a 52 week low of $71.21 and a 52 week high of $89.40. The company has a 50 day moving average price of $109.79 and a 200 day moving average price of $106.18. The firm has a market cap of $7.71 billion, a PE ratio of 13.26 and a beta of 0.87.

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.