iShares MSCI USA Value Factor ETF (BATS:VLUE) Short Interest Update

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 115,335 shares, a decrease of 81.5% from the April 15th total of 623,709 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 829,154 shares, the days-to-cover ratio is presently 0.1 days.

iShares MSCI USA Value Factor ETF Trading Up 0.9%

BATS VLUE opened at $183.86 on Thursday. The firm has a market capitalization of $10.84 billion, a P/E ratio of 13.34 and a beta of 0.97. The business has a fifty day simple moving average of $154.35 and a 200 day simple moving average of $144.88. iShares MSCI USA Value Factor ETF has a 12 month low of $105.25 and a 12 month high of $186.95.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Investment Advisors LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 244.6% in the fourth quarter. Capital Investment Advisors LLC now owns 9,697 shares of the company’s stock worth $1,326,000 after purchasing an additional 6,883 shares in the last quarter. Apella Capital LLC bought a new position in iShares MSCI USA Value Factor ETF in the 4th quarter worth about $514,000. Rhumbline Advisers boosted its stake in iShares MSCI USA Value Factor ETF by 122.1% in the 3rd quarter. Rhumbline Advisers now owns 11,989 shares of the company’s stock worth $1,499,000 after purchasing an additional 6,591 shares during the period. Elevation Point Wealth Partners LLC boosted its stake in iShares MSCI USA Value Factor ETF by 414.9% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 18,912 shares of the company’s stock worth $2,365,000 after purchasing an additional 15,239 shares during the period. Finally, Savvy Advisors Inc. boosted its stake in iShares MSCI USA Value Factor ETF by 106.2% in the 3rd quarter. Savvy Advisors Inc. now owns 7,888 shares of the company’s stock worth $986,000 after purchasing an additional 4,063 shares during the period.

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.