iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 12-Month High – What’s Next?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price reached a new 52-week high on Monday . The company traded as high as $111.00 and last traded at $110.95, with a volume of 141803 shares changing hands. The stock had previously closed at $110.16.

iShares MSCI USA Value Factor ETF Trading Up 1.0 %

The firm has a market cap of $7.51 billion, a P/E ratio of 13.26 and a beta of 0.87. The business’s fifty day moving average price is $106.44 and its two-hundred day moving average price is $104.76.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Several institutional investors have recently bought and sold shares of VLUE. Bbjs Financial Advisors LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 0.8% in the 3rd quarter. Bbjs Financial Advisors LLC now owns 56,095 shares of the company’s stock valued at $6,117,000 after acquiring an additional 418 shares in the last quarter. Elk River Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 3.4% during the 3rd quarter. Elk River Wealth Management LLC now owns 157,741 shares of the company’s stock worth $17,200,000 after buying an additional 5,200 shares during the period. Armstrong Advisory Group Inc. acquired a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $30,000. Cerro Pacific Wealth Advisors LLC raised its holdings in iShares MSCI USA Value Factor ETF by 1.1% in the 3rd quarter. Cerro Pacific Wealth Advisors LLC now owns 76,370 shares of the company’s stock worth $7,901,000 after acquiring an additional 829 shares during the period. Finally, Peddock Capital Advisors LLC lifted its position in iShares MSCI USA Value Factor ETF by 22.6% during the 3rd quarter. Peddock Capital Advisors LLC now owns 24,795 shares of the company’s stock worth $2,704,000 after acquiring an additional 4,564 shares during the last quarter.

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.