iShares MSCI USA Value Factor ETF (BATS:VLUE) Stock Short Interest Declines 85.3%

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 116,383 shares, a decrease of 85.3% from the October 15th total of 789,961 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 733,625 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI USA Value Factor ETF Trading Down 1.1%

Shares of iShares MSCI USA Value Factor ETF stock opened at $190.37 on Friday. The firm’s 50-day moving average price is $196.92 and its 200 day moving average price is $180.57. The firm has a market capitalization of $9.26 billion, a PE ratio of 13.90 and a beta of 1.12. iShares MSCI USA Value Factor ETF has a twelve month low of $124.55 and a twelve month high of $206.57.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Large investors have recently modified their holdings of the business. Financial Network Wealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 12.6% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 466 shares of the company’s stock worth $92,000 after acquiring an additional 52 shares during the last quarter. Keystone Financial Group Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 0.5% in the third quarter. Keystone Financial Group Inc. now owns 11,288 shares of the company’s stock valued at $2,235,000 after acquiring an additional 54 shares in the last quarter. Gibbs Wealth Management raised its holdings in shares of iShares MSCI USA Value Factor ETF by 1.6% in the 3rd quarter. Gibbs Wealth Management now owns 3,594 shares of the company’s stock valued at $712,000 after purchasing an additional 56 shares in the last quarter. GAMMA Investing LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 61.4% during the 2nd quarter. GAMMA Investing LLC now owns 205 shares of the company’s stock worth $41,000 after buying an additional 78 shares during the last quarter. Finally, Fifth Third Securities Inc. lifted its stake in iShares MSCI USA Value Factor ETF by 3.2% during the third quarter. Fifth Third Securities Inc. now owns 4,377 shares of the company’s stock worth $867,000 after purchasing an additional 135 shares during 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.