iShares MSCI USA Value Factor ETF (BATS:VLUE) Hits New 1-Year High at $102.53

iShares MSCI USA Value Factor ETF (BATS:VLUE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.53 and last traded at $102.01, with a volume of 156149 shares changing hands. The stock had previously closed at $101.24.

iShares MSCI USA Value Factor ETF Stock Up 0.8 %

The stock’s fifty day simple moving average is $104.20 and its 200-day simple moving average is $98.78. The company has a market capitalization of $6.99 billion, a PE ratio of 13.22 and a beta of 0.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VLUE. Meridian Wealth Management LLC boosted its stake in iShares MSCI USA Value Factor ETF by 178.7% during the 3rd quarter. Meridian Wealth Management LLC now owns 9,848 shares of the company’s stock valued at $893,000 after purchasing an additional 6,314 shares during the period. Simplicity Solutions LLC boosted its stake in iShares MSCI USA Value Factor ETF by 28.1% during the 3rd quarter. Simplicity Solutions LLC now owns 23,215 shares of the company’s stock valued at $2,106,000 after purchasing an additional 5,099 shares during the period. Walkner Condon Financial Advisors LLC boosted its stake in iShares MSCI USA Value Factor ETF by 3.7% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 4,904 shares of the company’s stock valued at $445,000 after purchasing an additional 173 shares during the period. Arlington Partners LLC boosted its stake in iShares MSCI USA Value Factor ETF by 34.4% during the 3rd quarter. Arlington Partners LLC now owns 24,203 shares of the company’s stock valued at $2,196,000 after purchasing an additional 6,200 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in iShares MSCI USA Value Factor ETF by 3,475.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 121,997 shares of the company’s stock valued at $11,068,000 after purchasing an additional 118,585 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.