iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High – Should You Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE) shares hit a new 52-week high during trading on Monday . The stock traded as high as $169.96 and last traded at $169.68, with a volume of 87148 shares traded. The stock had previously closed at $168.31.

iShares MSCI USA Value Factor ETF Stock Down 0.2%

The company’s fifty day moving average price is $150.31 and its 200 day moving average price is $142.27. The company has a market capitalization of $9.90 billion, a P/E ratio of 13.34 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VLUE. GHP Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Value Factor ETF during the first quarter worth approximately $25,000. Lloyd Advisory Services LLC. bought a new position in iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $33,000. Smartleaf Asset Management LLC increased its stake in iShares MSCI USA Value Factor ETF by 69.3% in the second quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after acquiring an additional 133 shares during the last quarter. SHP Wealth Management bought a new position in iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $46,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $50,000.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.