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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $108.81 and last traded at $110.76, with a volume of 478682 shares. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Price Performance

The business has a 50 day simple moving average of $109.36 and a 200-day simple moving average of $108.11. The stock has a market capitalization of $7.42 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of VLUE. Studio Investment Management LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter worth approximately $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $29,000. Armstrong Advisory Group Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at $30,000. MGB Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $30,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at about $46,000.

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.