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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high on Monday . The company traded as high as $114.91 and last traded at $114.20, with a volume of 262662 shares changing hands. The stock had previously closed at $114.57.

iShares MSCI USA Value Factor ETF Stock Down 0.3 %

The stock has a 50 day simple moving average of $110.46 and a 200 day simple moving average of $106.62. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VLUE. Rothschild Investment LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the second quarter worth about $26,000. Studio Investment Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $28,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $29,000. Armstrong Advisory Group Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth about $30,000. Finally, MGB Wealth Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third 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.