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

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares reached a new 52-week high on Monday . The stock traded as high as $39.23 and last traded at $39.2450, with a volume of 94018 shares. The stock had previously closed at $39.03.

iShares MSCI Intl Value Factor ETF Price Performance

The company has a fifty day moving average of $37.55 and a two-hundred day moving average of $35.70. The stock has a market capitalization of $3.32 billion, a P/E ratio of 10.99 and a beta of 0.71.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several large investors have recently added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new position in iShares MSCI Intl Value Factor ETF in the second quarter worth $46,000. Fifth Third Bancorp acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $56,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the 3rd quarter valued at about $58,000. Russell Investments Group Ltd. lifted its holdings in iShares MSCI Intl Value Factor ETF by 174.6% in the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after acquiring an additional 1,046 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in iShares MSCI Intl Value Factor ETF in the second quarter valued at approximately $59,000.

About iShares MSCI Intl Value Factor ETF

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.