iShares MSCI USA Value Factor ETF (BATS:VLUE) Short Interest Update

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 514,065 shares, a growth of 78.3% from the June 30th total of 288,340 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 1,435,439 shares, the days-to-cover ratio is currently 0.4 days.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $191.14 on Friday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $110.53 and a fifty-two week high of $206.57. The firm’s fifty day moving average price is $195.79 and its two-hundred day moving average price is $168.75. The company has a market capitalization of $11.27 billion, a P/E ratio of 13.34 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Large investors have recently modified their holdings of the stock. Caisse de depot et placement du Quebec bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $187,061,000. Northwestern Mutual Wealth Management Co. grew its position in iShares MSCI USA Value Factor ETF by 2.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after acquiring an additional 586,241 shares during the last quarter. Marks Wealth LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at $34,563,000. Orion Porfolio Solutions LLC increased its holdings in iShares MSCI USA Value Factor ETF by 1,194.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after purchasing an additional 179,630 shares in the last quarter. Finally, TLT Family Holdco ULC bought a new position in iShares MSCI USA Value Factor ETF in the 2nd quarter valued at $15,736,000.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.