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

Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $108.81 and last traded at $109.81, with a volume of 478682 shares traded. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Price Performance

The business has a 50-day moving average of $108.63 and a 200 day moving average of $108.28. The company has a market capitalization of $7.45 billion, a PE ratio of 13.26 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Several large investors have recently bought and sold shares of VLUE. Synergy Investment Management LLC purchased a new position in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth $26,000. Studio Investment Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter worth approximately $28,000. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $29,000. Armstrong Advisory Group Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $30,000. Finally, MGB Wealth Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth about $30,000.

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.