iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 1-Year High at $108.40

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $108.40 and last traded at $107.60, with a volume of 152305 shares traded. The stock had previously closed at $107.17.

iShares MSCI USA Value Factor ETF Stock Up 0.4 %

The stock has a market cap of $7.27 billion, a PE ratio of 13.26 and a beta of 0.87. The business’s 50-day simple moving average is $103.94 and its 200-day simple moving average is $103.11.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Matson Money. Inc. boosted its stake in shares of iShares MSCI USA Value Factor ETF by 10.5% during the 4th quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock valued at $404,098,000 after purchasing an additional 378,602 shares in the last quarter. State of Michigan Retirement System grew its holdings in shares of iShares MSCI USA Value Factor ETF by 41.1% during the 1st quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock worth $49,433,000 after acquiring an additional 132,900 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth approximately $44,024,000. Kathmere Capital Management LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 2.5% in the 1st quarter. Kathmere Capital Management LLC now owns 399,125 shares of the company’s stock worth $43,229,000 after acquiring an additional 9,610 shares in the last quarter. Finally, Strategic Financial Services Inc lifted its stake in shares of iShares MSCI USA Value Factor ETF by 3.0% in the 4th quarter. Strategic Financial Services Inc now owns 397,739 shares of the company’s stock valued at $40,235,000 after purchasing an additional 11,406 shares during the period.

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.