iShares MSCI USA Value Factor ETF (BATS:VLUE) Reaches New 52-Week High at $103.88

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 $103.88 and last traded at $101.91, with a volume of 437695 shares changing hands. The stock had previously closed at $102.45.

iShares MSCI USA Value Factor ETF Stock Down 0.4 %

The firm has a market cap of $6.85 billion, a P/E ratio of 13.22 and a beta of 0.90. The firm’s fifty day moving average is $104.12 and its two-hundred day moving average is $98.34.

Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF

A number of hedge funds have recently bought and sold shares of VLUE. Armstrong Advisory Group Inc. purchased a new stake in shares of iShares MSCI USA Value Factor ETF during the 3rd quarter valued at about $25,000. Capital Analysts LLC purchased a new stake in iShares MSCI USA Value Factor ETF during the 4th quarter valued at $32,000. Fortis Capital Advisors LLC purchased a new stake in iShares MSCI USA Value Factor ETF in the fourth quarter worth $33,000. GAMMA Investing LLC increased its stake in shares of iShares MSCI USA Value Factor ETF by 10,433.3% during the first quarter. GAMMA Investing LLC now owns 316 shares of the company’s stock valued at $34,000 after buying an additional 313 shares during the period. Finally, FNY Investment Advisers LLC bought a new stake in iShares MSCI USA Value Factor ETF during the third quarter valued at about $36,000.

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.