iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 12-Month High – Should You Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE) shares hit a new 52-week high on Monday . The company traded as high as $108.81 and last traded at $111.75, with a volume of 478682 shares trading hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Performance

The stock has a market capitalization of $7.28 billion, a P/E ratio of 16.17 and a beta of 1.03. The firm has a fifty day moving average price of $109.26 and a two-hundred day moving average price of $109.18.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VLUE. Synergy Investment Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $26,000. Studio Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter worth approximately $28,000. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth approximately $29,000. MGB Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $30,000. Finally, Insight Inv LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $52,000.

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.