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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $108.81 and last traded at $110.76, with a volume of 478682 shares changing hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Trading Up 3.7 %

The firm’s fifty day moving average price is $109.40 and its 200 day moving average price is $108.06. The firm has a market capitalization of $7.48 billion, a PE ratio of 13.26 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Studio Investment Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $29,000. MGB Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $30,000. Armstrong Advisory Group Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $30,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $46,000.

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.