Short Interest in iShares MSCI USA Value Factor ETF (BATS:VLUE) Grows By 50.3%

iShares MSCI USA Value Factor ETF (BATS:VLUE) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 772,792 shares, an increase of 50.3% from the July 15th total of 514,065 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily volume of 644,766 shares, the days-to-cover ratio is presently 1.2 days.

iShares MSCI USA Value Factor ETF Stock Performance

iShares MSCI USA Value Factor ETF stock opened at $201.01 on Thursday. The firm has a market capitalization of $11.85 billion, a price-to-earnings ratio of 13.34 and a beta of 0.97. iShares MSCI USA Value Factor ETF has a fifty-two week low of $116.12 and a fifty-two week high of $206.57. The stock’s fifty day moving average is $196.54 and its two-hundred day moving average is $173.86.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Caisse de depot et placement du Quebec purchased a new position in iShares MSCI USA Value Factor ETF in the 3rd quarter valued at about $187,061,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI USA Value Factor ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after buying an additional 586,241 shares in the last quarter. Marks Wealth LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth about $34,563,000. Orion Porfolio Solutions LLC raised its position in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the second quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock valued at $22,039,000 after buying an additional 179,630 shares during the last quarter. Finally, TLT Family Holdco ULC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the second quarter valued at approximately $15,736,000.

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.