iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 1-Year High at $105.53

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 $105.53 and last traded at $104.72, with a volume of 558373 shares. The stock had previously closed at $103.66.

iShares MSCI USA Value Factor ETF Trading Up 0.2 %

The business’s fifty day simple moving average is $105.05 and its 200 day simple moving average is $104.20. The stock has a market cap of $7.05 billion, a P/E ratio of 13.26 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors and hedge funds have recently modified their holdings of VLUE. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI USA Value Factor ETF by 2.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock worth $1,951,785,000 after purchasing an additional 480,177 shares during the period. State of Michigan Retirement System raised its stake in iShares MSCI USA Value Factor ETF by 41.1% in the 1st quarter. State of Michigan Retirement System now owns 456,400 shares of the company’s stock worth $49,433,000 after purchasing an additional 132,900 shares in the last quarter. Deane Retirement Strategies Inc. acquired a new position in iShares MSCI USA Value Factor ETF in the first quarter valued at about $8,270,000. Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Value Factor ETF by 954.7% in the 1st quarter. Cetera Investment Advisers now owns 76,644 shares of the company’s stock valued at $8,301,000 after purchasing an additional 69,377 shares during the last quarter. Finally, Stonehearth Capital Management LLC raised its stake in iShares MSCI USA Value Factor ETF by 20.7% during the first quarter. Stonehearth Capital Management LLC now owns 327,147 shares of the company’s stock worth $35,433,000 after acquiring an additional 56,166 shares in the last quarter.

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.