iShares MSCI USA Value Factor ETF (BATS:VLUE – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 487,310 shares, a drop of 36.9% from the July 30th total of 772,792 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 611,095 shares, the days-to-cover ratio is currently 0.8 days.
Hedge Funds Weigh In On iShares MSCI USA Value Factor ETF
Several institutional investors have recently modified their holdings of VLUE. Russell Investments Group Ltd. increased its stake in shares of iShares MSCI USA Value Factor ETF by 18.8% in the second quarter. Russell Investments Group Ltd. now owns 6,635 shares of the company’s stock valued at $751,000 after purchasing an additional 1,049 shares during the period. NCM Capital Management LLC increased its holdings in shares of iShares MSCI USA Value Factor ETF by 3.3% during the second quarter. NCM Capital Management LLC now owns 13,142 shares of the company’s stock valued at $1,489,000 after purchasing an additional 424 shares during the period. Jane Street Group LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the second quarter valued at about $568,000. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Value Factor ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 124,480 shares of the company’s stock valued at $14,092,000 after purchasing an additional 1,592 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in iShares MSCI USA Value Factor ETF by 1,194.2% in the second 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.
iShares MSCI USA Value Factor ETF Price Performance
VLUE stock opened at $200.55 on Tuesday. iShares MSCI USA Value Factor ETF has a 1-year low of $117.94 and a 1-year high of $206.57. The firm has a fifty day moving average price of $196.82 and a two-hundred day moving average price of $176.78. The firm has a market cap of $11.82 billion, a price-to-earnings 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.
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