iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 52-Week High – Time to Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $115.88 and last traded at $115.39, with a volume of 839167 shares trading hands. The stock had previously closed at $114.13.

iShares MSCI USA Value Factor ETF Price Performance

The company has a 50 day moving average price of $110.24 and a 200 day moving average price of $106.46. The firm has a market cap of $7.71 billion, a PE ratio of 13.26 and a beta of 0.87.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Spire Wealth Management increased its position in iShares MSCI USA Value Factor ETF by 19.1% during the 2nd quarter. Spire Wealth Management now owns 2,770 shares of the company’s stock worth $287,000 after purchasing an additional 445 shares during the period. Stonehearth Capital Management LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 4.1% in the third quarter. Stonehearth Capital Management LLC now owns 363,098 shares of the company’s stock valued at $39,592,000 after acquiring an additional 14,196 shares during the period. Elk River Wealth Management LLC boosted its position in shares of iShares MSCI USA Value Factor ETF by 3.4% during the 3rd quarter. Elk River Wealth Management LLC now owns 157,741 shares of the company’s stock worth $17,200,000 after purchasing an additional 5,200 shares in the last quarter. &PARTNERS grew its stake in shares of iShares MSCI USA Value Factor ETF by 26.9% during the 2nd quarter. &PARTNERS now owns 3,354 shares of the company’s stock worth $347,000 after purchasing an additional 712 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of iShares MSCI USA Value Factor ETF by 1.1% in the 3rd quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock valued at $1,582,000 after purchasing an additional 154 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.