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

Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high during trading on Monday . The stock traded as high as $108.81 and last traded at $111.75, with a volume of 478682 shares trading hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Performance

The company has a market capitalization of $7.28 billion, a PE ratio of 16.17 and a beta of 1.03. The company’s 50-day moving average is $109.26 and its 200 day moving average is $109.18.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Institutional investors have recently made changes to their positions in the company. Synergy Investment Management LLC bought a new position in iShares MSCI USA Value Factor ETF in the 4th quarter valued at approximately $26,000. Studio Investment Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth $28,000. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth $29,000. MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at $30,000. Finally, Insight Inv LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at $52,000.

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.