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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $108.81 and last traded at $112.62, with a volume of 478682 shares traded. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Trading Up 6.1 %

The firm has a market capitalization of $7.66 billion, a PE ratio of 13.26 and a beta of 0.87. The business’s 50 day simple moving average is $108.62 and its two-hundred day simple moving average is $108.55.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of VLUE. Northwest Investment Counselors LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at approximately $46,000. Foundations Investment Advisors LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 8.7% in the third quarter. Foundations Investment Advisors LLC now owns 15,168 shares of the company’s stock worth $1,654,000 after purchasing an additional 1,211 shares during the period. Greenleaf Trust increased its stake in shares of iShares MSCI USA Value Factor ETF by 5.7% in the third quarter. Greenleaf Trust now owns 6,896 shares of the company’s stock worth $752,000 after purchasing an additional 371 shares in the last quarter. OMNI 360 Wealth Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 1.8% during the third quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock valued at $957,000 after acquiring an additional 156 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 2.3% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 23,118 shares of the company’s stock worth $2,521,000 after purchasing an additional 529 shares in the last quarter.

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.