iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 12-Month High – Time to Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $108.81 and last traded at $110.76, 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 company has a market cap of $7.42 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87. The firm’s 50-day moving average price is $109.36 and its 200 day moving average price is $108.11.

Institutional Trading of iShares MSCI USA Value Factor ETF

A number of institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 134.7% during 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 during the period. Cetera Investment Advisers grew its position in shares of iShares MSCI USA Value Factor ETF by 3.1% during the 2nd quarter. Cetera Investment Advisers now owns 79,023 shares of the company’s stock worth $8,176,000 after buying an additional 2,379 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at about $2,062,000. Cannon Financial Strategists Inc. acquired a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter valued at approximately $295,000. Finally, Global Wealth Strategies & Associates boosted its stake in iShares MSCI USA Value Factor ETF by 839.6% during the 3rd quarter. Global Wealth Strategies & Associates now owns 498 shares of the company’s stock worth $54,000 after acquiring an additional 445 shares during 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.