iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 52-Week High – Time to Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price reached a new 52-week high on Monday . The stock traded as high as $112.97 and last traded at $111.73, with a volume of 153044 shares changing hands. The stock had previously closed at $112.36.

iShares MSCI USA Value Factor ETF Trading Down 0.3 %

The firm’s 50 day moving average price is $111.01 and its two-hundred day moving average price is $107.04. The company has a market capitalization of $7.45 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors have recently modified their holdings of VLUE. Arkadios Wealth Advisors boosted its position 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 worth $562,000 after acquiring an additional 101 shares in the last quarter. Goldstein Advisors LLC increased its position in iShares MSCI USA Value Factor ETF by 2.7% during the 2nd quarter. Goldstein Advisors LLC now owns 4,412 shares of the company’s stock valued at $456,000 after purchasing an additional 114 shares during the period. EP Wealth Advisors LLC raised its stake in iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock worth $3,006,000 after buying an additional 122 shares during the last quarter. Harbour Investments Inc. raised its position in shares of iShares MSCI USA Value Factor ETF by 1.1% in the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock worth $1,582,000 after acquiring an additional 154 shares in the last quarter. Finally, OMNI 360 Wealth Inc. increased its holdings in iShares MSCI USA Value Factor ETF by 1.8% in the third quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock worth $957,000 after purchasing an additional 156 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.