iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 12-Month High at $100.23

Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high during trading on Monday . The company traded as high as $100.23 and last traded at $99.37, with a volume of 366776 shares trading hands. The stock had previously closed at $102.02.

iShares MSCI USA Value Factor ETF Stock Performance

The business’s 50-day moving average price is $104.37 and its 200 day moving average price is $103.56. The company has a market cap of $6.71 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 large investors have recently added to or reduced their stakes in VLUE. International Assets Investment Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter worth about $44,024,000. Matson Money. Inc. lifted its position in iShares MSCI USA Value Factor ETF by 10.5% during the fourth quarter. Matson Money. Inc. now owns 3,994,640 shares of the company’s stock worth $404,098,000 after acquiring an additional 378,602 shares during the last quarter. State of Michigan Retirement System boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 41.1% during the first 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. Deane Retirement Strategies Inc. bought a new stake in shares of iShares MSCI USA Value Factor ETF during the first quarter worth approximately $8,270,000. Finally, Gunma Bank Ltd. increased its stake in shares of iShares MSCI USA Value Factor ETF by 340.9% during the first quarter. Gunma Bank Ltd. now owns 97,000 shares of the company’s stock worth $10,506,000 after purchasing an additional 75,000 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.