iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 12-Month High – Here’s What Happened

Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $108.81 and last traded at $108.60, with a volume of 478682 shares changing hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Up 2.7 %

The stock has a market capitalization of $7.41 billion, a P/E ratio of 13.26 and a beta of 0.87. The company has a 50 day moving average of $109.56 and a 200-day moving average of $107.75.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Client 1ST Advisory Group LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter worth about $1,152,000. Financial & Tax Architects LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 7.6% during the fourth quarter. Financial & Tax Architects LLC now owns 20,644 shares of the company’s stock valued at $2,180,000 after purchasing an additional 1,458 shares during the last quarter. Merit Financial Group LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 49.1% during the 4th quarter. Merit Financial Group LLC now owns 9,930 shares of the company’s stock worth $1,049,000 after purchasing an additional 3,272 shares during the period. JGP Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth approximately $292,000. Finally, Kathmere Capital Management LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 3.1% in the 4th quarter. Kathmere Capital Management LLC now owns 455,056 shares of the company’s stock worth $48,058,000 after purchasing an additional 13,823 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.