iShares MSCI USA Value Factor ETF (BATS:VLUE) Sees Significant Decrease in Short Interest

iShares MSCI USA Value Factor ETF (BATS:VLUE) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 268,589 shares, a drop of 42.0% from the May 14th total of 463,385 shares. Based on an average daily volume of 865,798 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the company are short sold.

iShares MSCI USA Value Factor ETF Stock Performance

Shares of BATS:VLUE opened at $202.34 on Tuesday. iShares MSCI USA Value Factor ETF has a 52-week low of $108.90 and a 52-week high of $204.35. The company has a market capitalization of $11.93 billion, a P/E ratio of 13.34 and a beta of 0.97. The company has a 50-day simple moving average of $176.27 and a 200 day simple moving average of $155.04.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Several hedge funds have recently bought and sold shares of VLUE. Russell Investments Group Ltd. lifted its stake in iShares MSCI USA Value Factor ETF by 18.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock valued at $751,000 after purchasing an additional 1,049 shares during the last quarter. NCM Capital Management LLC lifted its position in iShares MSCI USA Value Factor ETF by 3.3% during the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock worth $1,489,000 after acquiring an additional 424 shares during the last quarter. Jane Street Group LLC acquired a new stake in iShares MSCI USA Value Factor ETF during the second quarter worth approximately $568,000. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock worth $14,092,000 after acquiring an additional 1,592 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its holdings in shares of iShares MSCI USA Value Factor ETF by 1,194.2% during the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after acquiring an additional 179,630 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.