iShares MSCI USA Value Factor ETF (BATS:VLUE) Sees Large Increase in Short Interest

iShares MSCI USA Value Factor ETF (BATS:VLUE) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 514,065 shares, an increase of 78.3% from the June 30th total of 288,340 shares. Based on an average daily volume of 1,435,439 shares, the short-interest ratio is presently 0.4 days. Approximately 0.9% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VLUE. Caisse de depot et placement du Quebec bought a new stake in iShares MSCI USA Value Factor ETF in the third quarter valued at $187,061,000. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI USA Value Factor ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,746,544 shares of the company’s stock worth $3,110,135,000 after purchasing an additional 586,241 shares in the last quarter. Marks Wealth LLC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the 4th quarter worth about $34,563,000. Orion Porfolio Solutions LLC lifted its position in shares of iShares MSCI USA Value Factor ETF by 1,194.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 194,672 shares of the company’s stock worth $22,039,000 after purchasing an additional 179,630 shares during the period. Finally, TLT Family Holdco ULC purchased a new stake in shares of iShares MSCI USA Value Factor ETF in the 2nd quarter worth about $15,736,000.

iShares MSCI USA Value Factor ETF Stock Performance

BATS VLUE opened at $193.33 on Friday. iShares MSCI USA Value Factor ETF has a fifty-two week low of $110.53 and a fifty-two week high of $206.57. The stock has a 50 day simple moving average of $195.71 and a two-hundred day simple moving average of $168.60. The stock has a market cap of $11.40 billion, a P/E ratio of 13.34 and a beta of 0.97.

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