iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 12-Month High – Should You Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) hit a new 52-week high during trading on Thursday . The stock traded as high as $43.50 and last traded at $43.50, with a volume of 191109 shares trading hands. The stock had previously closed at $42.57.

iShares MSCI Intl Value Factor ETF Stock Up 2.3%

The firm has a market cap of $4.45 billion, a PE ratio of 10.99 and a beta of 0.62. The firm’s 50 day moving average is $42.40 and its 200-day moving average is $41.43.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Hedge funds have recently made changes to their positions in the stock. Stratos Wealth Partners LTD. acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the 4th quarter valued at about $1,894,000. Rockefeller Capital Management L.P. lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 7.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 206,319 shares of the company’s stock worth $7,850,000 after purchasing an additional 13,764 shares in the last quarter. Capital Advisors Inc. OK grew its stake in shares of iShares MSCI Intl Value Factor ETF by 2,143.6% in the fourth quarter. Capital Advisors Inc. OK now owns 390,271 shares of the company’s stock valued at $14,850,000 after buying an additional 372,876 shares in the last quarter. LJI Wealth Management LLC acquired a new stake in shares of iShares MSCI Intl Value Factor ETF in the fourth quarter valued at about $572,000. Finally, McBroom & Associates LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the 4th quarter valued at about $2,956,000.

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.