Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Increases By 134.4%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 867,620 shares, a growth of 134.4% from the July 15th total of 370,096 shares. Based on an average daily volume of 829,726 shares, the short-interest ratio is presently 1.0 days. Currently, 0.8% of the company’s stock are sold short.

iShares MSCI Intl Value Factor ETF Stock Performance

NYSEARCA:IVLU traded up $0.05 during midday trading on Friday, reaching $44.35. 482,828 shares of the stock traded hands, compared to its average volume of 1,248,080. The stock has a market capitalization of $4.54 billion, a PE ratio of 10.99 and a beta of 0.62. iShares MSCI Intl Value Factor ETF has a 12-month low of $34.47 and a 12-month high of $44.49. The business has a 50-day moving average of $42.69 and a two-hundred day moving average of $41.81.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Intl Value Factor ETF by 7.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 17,200,645 shares of the company’s stock worth $654,485,000 after purchasing an additional 1,148,107 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares MSCI Intl Value Factor ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock valued at $63,588,000 after purchasing an additional 364,240 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI Intl Value Factor ETF by 38.3% during the 4th quarter. LPL Financial LLC now owns 1,056,980 shares of the company’s stock worth $40,218,000 after buying an additional 292,642 shares during the period. Focus Partners Wealth lifted its holdings in iShares MSCI Intl Value Factor ETF by 0.8% during the fourth quarter. Focus Partners Wealth now owns 1,051,577 shares of the company’s stock valued at $40,013,000 after purchasing an additional 7,918 shares in the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 0.3% in the 1st quarter. Kathmere Capital Management LLC now owns 812,755 shares of the company’s stock worth $32,250,000 after buying an additional 2,579 shares during the last quarter.

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.