Avantax Advisory Services Inc. Grows Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Avantax Advisory Services Inc. grew its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,788 shares of the company’s stock after purchasing an additional 504 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $1,351,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. BCGM Wealth Management LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 3.0% during the 4th quarter. BCGM Wealth Management LLC now owns 3,303 shares of the company’s stock valued at $349,000 after buying an additional 97 shares during the period. Sound Income Strategies LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 17.9% during the 4th quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after buying an additional 103 shares during the period. RHS Financial LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 2.7% during the 4th quarter. RHS Financial LLC now owns 3,911 shares of the company’s stock valued at $413,000 after buying an additional 104 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,676 shares of the company’s stock valued at $3,345,000 after buying an additional 114 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 0.4% during the 3rd quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock valued at $3,006,000 after buying an additional 122 shares during the period.

iShares MSCI USA Value Factor ETF Stock Performance

VLUE stock opened at $107.40 on Wednesday. The firm has a market cap of $7.13 billion, a PE ratio of 14.85 and a beta of 1.03. The firm’s 50 day moving average price is $109.38 and its 200-day moving average price is $109.24. iShares MSCI USA Value Factor ETF has a one year low of $98.51 and a one year high of $115.88.

iShares MSCI USA Value Factor ETF 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.