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

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $40.84 and last traded at $40.74, with a volume of 1331468 shares. The stock had previously closed at $40.07.

iShares MSCI Intl Value Factor ETF Trading Up 1.1%

The business’s 50-day moving average is $38.38 and its two-hundred day moving average is $36.22. The firm has a market cap of $3.54 billion, a P/E ratio of 10.99 and a beta of 0.71.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Several hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC bought a new position in iShares MSCI Intl Value Factor ETF during the 4th quarter worth $454,000. Royal Bank of Canada boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 45.1% during the first quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock valued at $4,560,000 after acquiring an additional 46,755 shares during the period. AQR Capital Management LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF during the first quarter valued at $473,000. Goldman Sachs Group Inc. grew its position in shares of iShares MSCI Intl Value Factor ETF by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 242,315 shares of the company’s stock worth $7,345,000 after acquiring an additional 8,276 shares during the last quarter. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of iShares MSCI Intl Value Factor ETF in the 2nd quarter worth about $161,000.

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.