iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Shares Shorted: Short Interest Down 50.0% in September

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 518,736 shares, a decline of 50.0% from the August 31st total of 1,036,744 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 918,117 shares, the days-to-cover ratio is currently 0.6 days.

iShares MSCI Intl Value Factor ETF Stock Down 1.4%

IVLU traded down $0.61 during trading on Thursday, reaching $42.27. The company had a trading volume of 2,157,794 shares, compared to its average volume of 1,194,016. The business has a 50 day simple moving average of $43.96 and a 200-day simple moving average of $42.42. The stock has a market cap of $4.45 billion, a P/E ratio of 10.99 and a beta of 0.62. iShares MSCI Intl Value Factor ETF has a 52 week low of $34.69 and a 52 week high of $45.09.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares MSCI Intl Value Factor ETF by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,001 shares of the company’s stock valued at $753,000 after buying an additional 597 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 88.7% in the second quarter. Capital Analysts LLC now owns 3,948 shares of the company’s stock valued at $165,000 after purchasing an additional 1,856 shares during the period. Integrated Wealth Concepts LLC grew its stake in iShares MSCI Intl Value Factor ETF by 1.1% in the second quarter. Integrated Wealth Concepts LLC now owns 419,033 shares of the company’s stock worth $17,524,000 after purchasing an additional 4,441 shares in the last quarter. IFP Advisors Inc increased its holdings in iShares MSCI Intl Value Factor ETF by 11.7% during the 2nd quarter. IFP Advisors Inc now owns 251,132 shares of the company’s stock worth $10,502,000 after purchasing an additional 26,361 shares during the period. Finally, Centerline Wealth Advisors LLC increased its holdings in iShares MSCI Intl Value Factor ETF by 40.4% during the 2nd quarter. Centerline Wealth Advisors LLC now owns 19,742 shares of the company’s stock worth $826,000 after purchasing an additional 5,680 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.