iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 52-Week High – What’s Next?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price reached a new 52-week high on Wednesday . The company traded as high as $108.81 and last traded at $110.95, with a volume of 478682 shares. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Price Performance

The company has a 50 day moving average of $109.49 and a 200-day moving average of $107.86. The company has a market capitalization of $7.49 billion, a P/E ratio of 13.26 and a beta of 0.87.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Several hedge funds have recently made changes to their positions in VLUE. Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Value Factor ETF by 17.9% in the fourth quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock valued at $72,000 after acquiring an additional 103 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,676 shares of the company’s stock valued at $3,345,000 after purchasing an additional 114 shares in the last quarter. EP Wealth Advisors LLC increased its position in shares of iShares MSCI USA Value Factor ETF by 0.4% during the third quarter. EP Wealth Advisors LLC now owns 27,572 shares of the company’s stock valued at $3,006,000 after buying an additional 122 shares during the period. Harbour Investments Inc. raised its stake in iShares MSCI USA Value Factor ETF by 1.1% in the third quarter. Harbour Investments Inc. now owns 14,506 shares of the company’s stock worth $1,582,000 after buying an additional 154 shares in the last quarter. Finally, OMNI 360 Wealth Inc. lifted its holdings in iShares MSCI USA Value Factor ETF by 1.8% in the third quarter. OMNI 360 Wealth Inc. now owns 8,780 shares of the company’s stock worth $957,000 after buying an additional 156 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.