iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High – Still a Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $108.81 and last traded at $110.95, with a volume of 478682 shares trading hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Up 4.2 %

The stock’s fifty day moving average price is $109.42 and its two-hundred day moving average price is $107.94. The company has a market capitalization of $7.52 billion, a PE ratio of 13.26 and a beta of 0.87.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Studio Investment Management LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth about $28,000. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI USA Value Factor ETF during the third quarter valued at $29,000. Armstrong Advisory Group Inc. bought a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter worth about $30,000. MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth approximately $30,000. Finally, Northwest Investment Counselors LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 3rd quarter valued at $46,000.

iShares MSCI USA Value Factor ETF Company Profile

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.