iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sets New 1-Year High – Here’s Why

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $33.22 and last traded at $33.22, with a volume of 153812 shares changing hands. The stock had previously closed at $33.14.

iShares MSCI Intl Value Factor ETF Stock Down 0.0%

The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 11.82 and a beta of 0.70. The stock’s fifty day moving average is $30.97 and its 200-day moving average is $29.45.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. SouthState Corp bought a new position in iShares MSCI Intl Value Factor ETF during the first quarter worth about $28,000. Capital Investment Advisory Services LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 126.6% during the first quarter. Capital Investment Advisory Services LLC now owns 1,296 shares of the company’s stock worth $39,000 after purchasing an additional 724 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 342.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock valued at $44,000 after purchasing an additional 1,261 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 42.5% during the 1st quarter. AE Wealth Management LLC now owns 2,197 shares of the company’s stock valued at $67,000 after purchasing an additional 655 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of iShares MSCI Intl Value Factor ETF by 248,000.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,481 shares of the company’s stock valued at $67,000 after purchasing an additional 2,480 shares during the period.

iShares MSCI Intl Value Factor ETF Company Profile

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.