iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 1-Year High at $93.75

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $93.75 and last traded at $93.52, with a volume of 283030 shares. The stock had previously closed at $93.11.

iShares MSCI USA Value Factor ETF Price Performance

The company has a market cap of $6.66 billion, a price-to-earnings ratio of 8.51 and a beta of 1.04. The business’s fifty day moving average price is $90.51 and its 200 day moving average price is $92.06.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mach 1 Financial Group LLC acquired a new position in iShares MSCI USA Value Factor ETF in the first quarter valued at $11,666,000. Venturi Wealth Management LLC bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter valued at $25,000. Northwest Capital Management Inc bought a new stake in iShares MSCI USA Value Factor ETF in the second quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at $25,000. Finally, Fortis Capital Advisors LLC bought a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter valued at $33,000.

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.