iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 52-Week High at $102.91

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high on Monday . The company traded as high as $102.91 and last traded at $102.81, with a volume of 139254 shares traded. The stock had previously closed at $102.17.

iShares MSCI USA Value Factor ETF Trading Up 0.6 %

The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 13.22 and a beta of 0.90. The company’s 50-day moving average is $104.26 and its 200-day moving average is $99.03.

Institutional Investors Weigh In On iShares MSCI USA Value Factor ETF

Large investors have recently modified their holdings of the business. Alterna Wealth Management Inc. grew its holdings in iShares MSCI USA Value Factor ETF by 2.4% during the 4th quarter. Alterna Wealth Management Inc. now owns 4,838 shares of the company’s stock worth $489,000 after acquiring an additional 115 shares during the last quarter. Tradition Wealth Management LLC grew its stake in iShares MSCI USA Value Factor ETF by 12.2% in the fourth quarter. Tradition Wealth Management LLC now owns 1,235 shares of the company’s stock valued at $125,000 after acquiring an additional 134 shares during the period. CFS Investment Advisory Services LLC increased its holdings in shares of iShares MSCI USA Value Factor ETF by 5.2% during the fourth quarter. CFS Investment Advisory Services LLC now owns 3,079 shares of the company’s stock valued at $311,000 after acquiring an additional 152 shares in the last quarter. Warner Financial Inc. raised its position in shares of iShares MSCI USA Value Factor ETF by 1.4% during the fourth quarter. Warner Financial Inc. now owns 11,478 shares of the company’s stock worth $1,161,000 after purchasing an additional 160 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its holdings in iShares MSCI USA Value Factor ETF by 18.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,019 shares of the company’s stock worth $93,000 after buying an additional 161 shares during the last quarter.

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.