State of Michigan Retirement System Raises Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

State of Michigan Retirement System boosted its stake in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 421,400 shares of the company’s stock after buying an additional 23,900 shares during the quarter. State of Michigan Retirement System owned 0.62% of iShares MSCI USA Value Factor ETF worth $44,504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Atria Investments Inc increased its holdings in iShares MSCI USA Value Factor ETF by 3.8% in the 3rd quarter. Atria Investments Inc now owns 7,607 shares of the company’s stock valued at $829,000 after purchasing an additional 277 shares in the last quarter. Addison Advisors LLC increased its holdings in iShares MSCI USA Value Factor ETF by 7.7% in the third quarter. Addison Advisors LLC now owns 112,177 shares of the company’s stock valued at $12,232,000 after buying an additional 7,986 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 1.1% in the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock valued at $1,582,000 after acquiring an additional 154 shares during the last quarter. Carrera Capital Advisors raised its holdings in shares of iShares MSCI USA Value Factor ETF by 5.6% during the third quarter. Carrera Capital Advisors now owns 9,774 shares of the company’s stock worth $1,066,000 after purchasing an additional 517 shares during the period. Finally, Schrum Private Wealth Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 79.6% in the third quarter. Schrum Private Wealth Management LLC now owns 4,974 shares of the company’s stock worth $542,000 after acquiring an additional 2,204 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $109.48 on Tuesday. The company has a 50-day simple moving average of $109.23 and a 200-day simple moving average of $109.17. The firm has a market capitalization of $7.36 billion, a P/E ratio of 16.17 and a beta of 1.03. 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.