Addison Advisors LLC Has $12.22 Million Stock Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Addison Advisors LLC lifted its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,666 shares of the company’s stock after buying an additional 3,489 shares during the quarter. iShares MSCI USA Value Factor ETF makes up 3.4% of Addison Advisors LLC’s holdings, making the stock its 5th largest holding. Addison Advisors LLC owned about 0.17% of iShares MSCI USA Value Factor ETF worth $12,215,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Studio Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $28,000. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI USA Value Factor ETF in the third quarter worth $29,000. MGB Wealth Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $30,000. Insight Inv LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at $52,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth $71,000.

iShares MSCI USA Value Factor ETF Stock Up 4.3 %

VLUE opened at $111.38 on Tuesday. The company has a market cap of $7.49 billion, a P/E ratio of 16.17 and a beta of 1.03. The firm’s 50-day moving average price is $108.72 and its 200-day moving average price is $108.79. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40.

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.