Schrum Private Wealth Management LLC Acquires 2,204 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Schrum Private Wealth Management LLC boosted its holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 79.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,974 shares of the company’s stock after acquiring an additional 2,204 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in iShares MSCI USA Value Factor ETF were worth $542,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the second quarter worth about $26,000. Armstrong Advisory Group Inc. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $30,000. Northwest Investment Counselors LLC bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $46,000. GPS Wealth Strategies Group LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the second quarter valued at approximately $47,000. Finally, Global Wealth Strategies & Associates grew its stake in shares of iShares MSCI USA Value Factor ETF by 839.6% during the third quarter. Global Wealth Strategies & Associates now owns 498 shares of the company’s stock worth $54,000 after buying an additional 445 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of VLUE traded down $1.13 during trading hours on Wednesday, reaching $112.38. The stock had a trading volume of 304,861 shares. iShares MSCI USA Value Factor ETF has a 12 month low of $71.21 and a 12 month high of $89.40. The stock has a market capitalization of $7.59 billion, a PE ratio of 13.26 and a beta of 0.87. The company’s 50-day moving average is $108.51 and its two-hundred day moving average is $105.57.

About iShares MSCI USA Value Factor ETF

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.