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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price hit a new 52-week high on Monday . The stock traded as high as $108.81 and last traded at $109.81, with a volume of 478682 shares traded. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Performance

The business’s 50-day simple moving average is $108.71 and its 200-day simple moving average is $108.23. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Institutional Trading of iShares MSCI USA Value Factor ETF

Institutional investors have recently bought and sold shares of the business. Synergy Investment Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth $26,000. Studio Investment Management LLC acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 3rd quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at approximately $29,000. Armstrong Advisory Group Inc. acquired a new stake in iShares MSCI USA Value Factor ETF in the third quarter worth $30,000. Finally, MGB Wealth Management LLC bought a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter worth $30,000.

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.