iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 12-Month High – What’s Next?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price hit a new 52-week high on Monday . The company traded as high as $110.67 and last traded at $109.56, with a volume of 173030 shares traded. The stock had previously closed at $110.84.

iShares MSCI USA Value Factor ETF Stock Down 1.2 %

The business’s 50-day simple moving average is $107.07 and its two-hundred day simple moving average is $104.84. The stock has a market cap of $7.40 billion, a P/E ratio of 13.26 and a beta of 0.87.

Institutional Trading of iShares MSCI USA Value Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 valued at $1,951,785,000 after buying an additional 480,177 shares in the last quarter. State of Michigan Retirement System boosted its stake in shares of iShares MSCI USA Value Factor ETF by 41.1% in 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 last quarter. Kathmere Capital Management LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 6.7% in the second quarter. Kathmere Capital Management LLC now owns 425,675 shares of the company’s stock worth $44,040,000 after acquiring an additional 26,550 shares during the last quarter. Stonehearth Capital Management LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 4.1% in the third quarter. Stonehearth Capital Management LLC now owns 363,098 shares of the company’s stock worth $39,592,000 after acquiring an additional 14,196 shares during the last quarter. Finally, CFO4Life Group LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 5.1% in the first quarter. CFO4Life Group LLC now owns 261,200 shares of the company’s stock worth $28,291,000 after acquiring an additional 12,751 shares during 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.