iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches 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 mid-day trading on Monday . The stock traded as high as $109.90 and last traded at $109.36, with a volume of 85698 shares. The stock had previously closed at $108.47.

iShares MSCI USA Value Factor ETF Stock Down 0.3 %

The firm has a market cap of $7.31 billion, a P/E ratio of 13.26 and a beta of 0.87. The stock’s 50-day moving average is $107.87 and its 200-day moving average is $105.04.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 1.9% during the 2nd quarter. Arkadios Wealth Advisors now owns 5,436 shares of the company’s stock valued at $562,000 after buying an additional 101 shares in the last quarter. Goldstein Advisors LLC grew its holdings in iShares MSCI USA Value Factor ETF by 2.7% in the second quarter. Goldstein Advisors LLC now owns 4,412 shares of the company’s stock worth $456,000 after purchasing an additional 114 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 22.5% during the first quarter. EverSource Wealth Advisors LLC now owns 659 shares of the company’s stock valued at $67,000 after purchasing an additional 121 shares in the last quarter. OMNI 360 Wealth Inc. lifted its holdings in shares of iShares MSCI USA Value Factor ETF by 1.8% during the third quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock valued at $957,000 after purchasing an additional 156 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 27.5% in the 2nd quarter. Crewe Advisors LLC now owns 765 shares of the company’s stock worth $79,000 after purchasing an additional 165 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.