iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High – What’s Next?

iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $159.37 and last traded at $159.28, with a volume of 10619 shares traded. The stock had previously closed at $158.11.

iShares MSCI USA Value Factor ETF Price Performance

The stock’s fifty day simple moving average is $148.59 and its 200-day simple moving average is $140.21. The stock has a market cap of $9.40 billion, a P/E ratio of 13.34 and a beta of 0.97.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of large investors have recently bought and sold shares of the business. Diversified Enterprises LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 2.4% in the fourth quarter. Diversified Enterprises LLC now owns 3,236 shares of the company’s stock worth $442,000 after acquiring an additional 75 shares during the last quarter. Financial Engines Advisors L.L.C. raised its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,383 shares of the company’s stock valued at $463,000 after buying an additional 86 shares during the last quarter. Eagle Strategies LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 0.5% during the third quarter. Eagle Strategies LLC now owns 18,576 shares of the company’s stock valued at $2,323,000 after buying an additional 87 shares during the last quarter. Apex Wealth Management LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 0.5% during the third quarter. Apex Wealth Management LLC now owns 19,458 shares of the company’s stock valued at $2,433,000 after buying an additional 103 shares during the last quarter. Finally, Stokes Family Office LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 2.8% during the fourth quarter. Stokes Family Office LLC now owns 3,780 shares of the company’s stock valued at $517,000 after buying an additional 103 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.