iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 1-Year High – Time to Buy?

Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE) reached a new 52-week high on Monday . The company traded as high as $108.81 and last traded at $109.81, with a volume of 478682 shares traded. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Stock Up 3.3 %

The firm has a market cap of $7.45 billion, a PE ratio of 13.26 and a beta of 0.87. The business has a 50 day simple moving average of $108.63 and a two-hundred day simple moving average of $108.28.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Mason Investment Advisory Services Inc. grew its stake in iShares MSCI USA Value Factor ETF by 1.8% in the 4th quarter. Mason Investment Advisory Services Inc. now owns 4,588,101 shares of the company’s stock worth $484,549,000 after acquiring an additional 78,917 shares in the last quarter. Wharton Business Group LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 0.4% in the fourth quarter. Wharton Business Group LLC now owns 1,295,666 shares of the company’s stock valued at $136,835,000 after purchasing an additional 5,245 shares during the period. Cerity Partners LLC grew its stake in iShares MSCI USA Value Factor ETF by 2.8% in the third quarter. Cerity Partners LLC now owns 729,032 shares of the company’s stock worth $79,494,000 after purchasing an additional 19,749 shares in the last quarter. Kathmere Capital Management LLC increased its holdings in iShares MSCI USA Value Factor ETF by 3.1% during the 4th 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 during the period. Finally, State of Michigan Retirement System raised its position in iShares MSCI USA Value Factor ETF by 6.0% during the 4th quarter. State of Michigan Retirement System now owns 421,400 shares of the company’s stock valued at $44,504,000 after purchasing an additional 23,900 shares in 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.