iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Hits New 52-Week High – Time to Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLUGet Free Report) reached a new 52-week high on Friday . The company traded as high as $44.49 and last traded at $44.45, with a volume of 54946 shares traded. The stock had previously closed at $43.94.

iShares MSCI Intl Value Factor ETF Price Performance

The business has a 50 day simple moving average of $42.84 and a 200 day simple moving average of $41.91. The stock has a market cap of $4.55 billion, a PE ratio of 10.99 and a beta of 0.62.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IVLU. G&S Capital LLC grew its position in iShares MSCI Intl Value Factor ETF by 1.2% in the second quarter. G&S Capital LLC now owns 29,364 shares of the company’s stock worth $1,228,000 after acquiring an additional 334 shares in the last quarter. Breakwater Capital Group boosted its holdings in iShares MSCI Intl Value Factor ETF by 5.6% in the second quarter. Breakwater Capital Group now owns 50,019 shares of the company’s stock worth $2,092,000 after purchasing an additional 2,651 shares in the last quarter. Valeo Financial Advisors LLC increased its position in iShares MSCI Intl Value Factor ETF by 2.3% during the second quarter. Valeo Financial Advisors LLC now owns 10,425 shares of the company’s stock worth $436,000 after buying an additional 239 shares during the last quarter. Trilogy Capital Inc. acquired a new position in iShares MSCI Intl Value Factor ETF during the second quarter worth $297,000. Finally, Parallel Advisors LLC raised its holdings in iShares MSCI Intl Value Factor ETF by 8.0% during the first quarter. Parallel Advisors LLC now owns 184,208 shares of the company’s stock valued at $7,309,000 after buying an additional 13,640 shares in the last quarter.

About iShares MSCI Intl Value Factor ETF

(Get Free Report)

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.

Read More

Receive News & Ratings for iShares MSCI Intl Value Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Intl Value Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.