iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 52-Week High – Should You Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $111.69 and last traded at $111.65, with a volume of 308756 shares changing hands. The stock had previously closed at $110.97.

iShares MSCI USA Value Factor ETF Stock Performance

The firm has a market cap of $7.52 billion, a PE ratio of 13.26 and a beta of 0.87. The company’s 50-day simple moving average is $109.33 and its two-hundred day simple moving average is $106.01.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors have recently bought and sold shares of the stock. Rothschild Investment LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter worth approximately $26,000. Studio Investment Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $28,000. Armstrong Advisory Group Inc. bought a new position in iShares MSCI USA Value Factor ETF in the third quarter worth $30,000. MGB Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF during the third quarter valued at $30,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $44,000.

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.