iShares MSCI USA Value Factor ETF (BATS:VLUE) Sets New 1-Year High – Should You Buy?

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price reached a new 52-week high on Thursday . The company traded as high as $108.81 and last traded at $108.60, with a volume of 478682 shares. The stock had previously closed at $106.82.

iShares MSCI USA Value Factor ETF Trading Up 1.8 %

The stock has a market capitalization of $7.35 billion, a PE ratio of 13.26 and a beta of 0.87. The firm’s 50-day moving average price is $109.69 and its 200-day moving average price is $107.70.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Several hedge funds have recently added to or reduced their stakes in the company. Stonehearth Capital Management LLC grew its stake in shares of iShares MSCI USA Value Factor ETF by 4.1% during the third quarter. Stonehearth Capital Management LLC now owns 363,098 shares of the company’s stock valued at $39,592,000 after buying an additional 14,196 shares during the last quarter. Elk River Wealth Management LLC boosted its stake in shares of iShares MSCI USA Value Factor ETF by 3.4% during the third quarter. Elk River Wealth Management LLC now owns 157,741 shares of the company’s stock valued at $17,200,000 after purchasing an additional 5,200 shares during the period. Harbour Investments Inc. grew its holdings in shares of 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 purchasing an additional 154 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI USA Value Factor ETF by 1.4% in the third quarter. BNP Paribas Financial Markets now owns 12,528 shares of the company’s stock worth $1,366,000 after purchasing an additional 171 shares during the last quarter. Finally, Plancorp LLC increased its stake in iShares MSCI USA Value Factor ETF by 11.1% in the 2nd quarter. Plancorp LLC now owns 5,334 shares of the company’s stock worth $552,000 after buying an additional 531 shares during the period.

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.