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

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s stock price reached a new 52-week high on Monday . The stock traded as high as $204.51 and last traded at $204.47, with a volume of 72356 shares changing hands. The stock had previously closed at $199.92.

iShares MSCI USA Value Factor ETF Stock Down 3.5%

The stock has a market cap of $11.62 billion, a P/E ratio of 13.34 and a beta of 0.97. The stock has a fifty day simple moving average of $182.30 and a 200-day simple moving average of $157.83.

Institutional Trading of iShares MSCI USA Value Factor ETF

A number of hedge funds have recently modified their holdings of VLUE. GHP Investment Advisors Inc. bought a new stake in iShares MSCI USA Value Factor ETF in the first quarter valued at approximately $25,000. Lloyd Advisory Services LLC. bought a new position in shares of iShares MSCI USA Value Factor ETF during the fourth quarter worth $33,000. Western Wealth Management LLC acquired a new position in shares of iShares MSCI USA Value Factor ETF in the 1st quarter valued at $41,000. Smartleaf Asset Management LLC grew its holdings in shares of iShares MSCI USA Value Factor ETF by 69.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 325 shares of the company’s stock valued at $37,000 after buying an additional 133 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter valued at $46,000.

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. VLUE was launched on Apr 16, 2013 and is managed by BlackRock.