iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 1-Year High – Here’s Why

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $108.81 and last traded at $111.48, with a volume of 478682 shares traded. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Up 4.5 %

The company has a market capitalization of $7.51 billion, a price-to-earnings ratio of 16.17 and a beta of 1.03. The stock has a fifty day moving average price of $108.72 and a two-hundred day moving average price of $108.79.

Institutional Trading of iShares MSCI USA Value Factor ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VLUE. Synergy Investment Management LLC acquired a new position in iShares MSCI USA Value Factor ETF during the fourth quarter worth approximately $26,000. Studio Investment Management LLC acquired a new position in iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth approximately $29,000. MGB Wealth Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $30,000. Finally, Insight Inv LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter worth about $52,000.

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.