iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 12-Month High – Here’s What Happened

Shares of 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 $112.62, with a volume of 478682 shares trading hands. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Trading Up 5.7 %

The stock has a market capitalization of $7.62 billion, a P/E ratio of 13.26 and a beta of 0.87. The firm’s fifty day moving average is $108.50 and its 200-day moving average is $108.39.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors have recently modified their holdings of VLUE. Trilogy Capital Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 2.1% in the third quarter. Trilogy Capital Inc. now owns 187,848 shares of the company’s stock worth $20,483,000 after acquiring an additional 3,863 shares during the last quarter. Cannon Financial Strategists Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 368.2% in the third quarter. Cannon Financial Strategists Inc. now owns 13,338 shares of the company’s stock worth $1,454,000 after acquiring an additional 10,489 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the third quarter worth about $46,000. Foundations Investment Advisors LLC raised its stake in shares of iShares MSCI USA Value Factor ETF by 8.7% in the third quarter. Foundations Investment Advisors LLC now owns 15,168 shares of the company’s stock worth $1,654,000 after acquiring an additional 1,211 shares during the last quarter. Finally, Greenleaf Trust raised its stake in shares of iShares MSCI USA Value Factor ETF by 5.7% in the third quarter. Greenleaf Trust now owns 6,896 shares of the company’s stock worth $752,000 after acquiring an additional 371 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.