Meridian Wealth Partners LLC Raises Holdings in iShares MSCI USA Value Factor ETF (BATS:VLUE)

Meridian Wealth Partners LLC grew its position in shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 152,068 shares of the company’s stock after purchasing an additional 8,241 shares during the quarter. iShares MSCI USA Value Factor ETF makes up about 2.8% of Meridian Wealth Partners LLC’s holdings, making the stock its 11th largest position. Meridian Wealth Partners LLC owned 0.23% of iShares MSCI USA Value Factor ETF worth $15,733,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter worth about $26,000. GAMMA Investing LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 10,433.3% during the first quarter. GAMMA Investing LLC now owns 316 shares of the company’s stock worth $34,000 after purchasing an additional 313 shares during the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter worth about $47,000. Northwest Investment Counselors LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter worth about $54,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 140.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 538 shares of the company’s stock worth $54,000 after buying an additional 314 shares during the last quarter.

iShares MSCI USA Value Factor ETF Stock Up 0.2 %

BATS VLUE opened at $107.70 on Wednesday. iShares MSCI USA Value Factor ETF has a 52-week low of $71.21 and a 52-week high of $89.40. The business’s 50-day moving average price is $105.33 and its 200 day moving average price is $104.33. The firm has a market cap of $7.28 billion, a P/E ratio of 13.26 and a beta of 0.87.

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.