iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 1-Year High – Should You Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE) shares hit a new 52-week high on Tuesday . The company traded as high as $159.37 and last traded at $159.28, with a volume of 10619 shares. The stock had previously closed at $158.11.

iShares MSCI USA Value Factor ETF Trading Up 0.6%

The stock has a market capitalization of $9.38 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock’s fifty day moving average price is $148.87 and its two-hundred day moving average price is $140.56.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VLUE. Russell Investments Group Ltd. raised its holdings in iShares MSCI USA Value Factor ETF by 18.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock valued at $751,000 after buying an additional 1,049 shares during the last quarter. NCM Capital Management LLC raised its holdings in iShares MSCI USA Value Factor ETF by 3.3% during the 2nd quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock valued at $1,489,000 after buying an additional 424 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares MSCI USA Value Factor ETF during the 2nd quarter valued at $568,000. Ameriprise Financial Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock valued at $14,092,000 after buying an additional 1,592 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in iShares MSCI USA Value Factor ETF by 1,194.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after buying an additional 179,630 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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.