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

iShares MSCI USA Value Factor ETF (BATS:VLUE) shares hit a new 52-week high on Thursday . The company traded as high as $197.07 and last traded at $195.61, with a volume of 664282 shares changing hands. The stock had previously closed at $194.55.

iShares MSCI USA Value Factor ETF Stock Performance

The business’s fifty day moving average is $162.19 and its two-hundred day moving average is $148.77. The company has a market cap of $11.53 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VLUE. GHP Investment Advisors Inc. bought a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $33,000. Smartleaf Asset Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 69.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares in the last quarter. Western Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF during the 1st quarter valued at about $41,000. Finally, SHP Wealth Management bought a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at about $46,000.

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.