iShares MSCI USA Value Factor ETF (BATS:VLUE – Get Free Report) shares reached 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 trading hands. The stock had previously closed at $158.11.
iShares MSCI USA Value Factor ETF Price Performance
The stock has a fifty day moving average price of $148.59 and a two-hundred day moving average price of $140.21. The company has a market cap of $9.40 billion, a P/E ratio of 13.34 and a beta of 0.97.
Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF
Hedge funds have recently made changes to their positions in the business. Capital Investment Advisors LLC raised its holdings in shares of iShares MSCI USA Value Factor ETF by 244.6% during the fourth quarter. Capital Investment Advisors LLC now owns 9,697 shares of the company’s stock valued at $1,326,000 after buying an additional 6,883 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of iShares MSCI USA Value Factor ETF by 122.1% during the third quarter. Rhumbline Advisers now owns 11,989 shares of the company’s stock valued at $1,499,000 after buying an additional 6,591 shares during the last quarter. Apella Capital LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $514,000. CPR Investments Inc. acquired a new position in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at approximately $519,000. Finally, Mullooly Asset Management Inc. increased its stake in shares of iShares MSCI USA Value Factor ETF by 2.4% during the third quarter. Mullooly Asset Management Inc. now owns 245,275 shares of the company’s stock valued at $30,671,000 after acquiring an additional 5,666 shares during the period.
About iShares MSCI USA Value Factor ETF
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.
Further Reading
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