iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High – Still a Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUEGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $108.81 and last traded at $108.60, with a volume of 478682 shares. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Up 1.8 %

The company’s 50-day moving average is $109.69 and its 200 day moving average is $107.70. The company has a market cap of $7.35 billion, a price-to-earnings ratio of 13.26 and a beta of 0.87.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of large investors have recently bought and sold shares of the business. Client 1ST Advisory Group LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $1,152,000. Financial & Tax Architects LLC increased its holdings in iShares MSCI USA Value Factor ETF by 7.6% in the 4th quarter. Financial & Tax Architects LLC now owns 20,644 shares of the company’s stock worth $2,180,000 after acquiring an additional 1,458 shares in the last quarter. Merit Financial Group LLC raised its position in iShares MSCI USA Value Factor ETF by 49.1% during the fourth quarter. Merit Financial Group LLC now owns 9,930 shares of the company’s stock worth $1,049,000 after acquiring an additional 3,272 shares during the period. JGP Wealth Management LLC purchased a new position in iShares MSCI USA Value Factor ETF during the fourth quarter valued at $292,000. Finally, Kathmere Capital Management LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 3.1% during the fourth quarter. Kathmere Capital Management LLC now owns 455,056 shares of the company’s stock worth $48,058,000 after purchasing an additional 13,823 shares in the last quarter.

iShares MSCI USA Value Factor ETF Company Profile

(Get Free Report)

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.

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