iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High at $107.50

iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high on Monday . The stock traded as high as $107.50 and last traded at $107.15, with a volume of 180577 shares changing hands. The stock had previously closed at $106.80.

iShares MSCI USA Value Factor ETF Price Performance

The firm’s fifty day moving average price is $103.62 and its two-hundred day moving average price is $102.96. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC boosted its stake in iShares MSCI USA Value Factor ETF by 284.7% in the fourth quarter. Sound Income Strategies LLC now owns 577 shares of the company’s stock valued at $58,000 after acquiring an additional 427 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares MSCI USA Value Factor ETF by 86.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,392 shares of the company’s stock valued at $141,000 after buying an additional 647 shares in the last quarter. BKM Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $159,000. FORVIS Wealth Advisors LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $282,000. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at approximately $215,000.

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.