iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High at $106.93

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price reached a new 52-week high on Monday . The stock traded as high as $106.93 and last traded at $106.77, with a volume of 520312 shares trading hands. The stock had previously closed at $106.87.

iShares MSCI USA Value Factor ETF Trading Down 0.1 %

The business’s 50-day simple moving average is $104.33 and its 200-day simple moving average is $103.82. The company has a market cap of $7.21 billion, a PE ratio of 13.26 and a beta of 0.87.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ariadne Wealth Management LP acquired a new stake in iShares MSCI USA Value Factor ETF in the second quarter valued at approximately $607,000. Cetera Investment Advisers lifted its stake in shares of iShares MSCI USA Value Factor ETF by 3.1% in the 2nd quarter. Cetera Investment Advisers now owns 79,023 shares of the company’s stock valued at $8,176,000 after purchasing an additional 2,379 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 134.7% in the second quarter. NewEdge Advisors LLC now owns 9,059 shares of the company’s stock worth $937,000 after purchasing an additional 5,199 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI USA Value Factor ETF by 2.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 18,858,245 shares of the company’s stock worth $1,951,785,000 after buying an additional 480,177 shares during the last quarter. Finally, Magnolia Capital Advisors LLC raised its holdings in iShares MSCI USA Value Factor ETF by 315.8% during the second quarter. Magnolia Capital Advisors LLC now owns 39,875 shares of the company’s stock valued at $4,125,000 after buying an additional 30,284 shares in the last quarter.

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.