iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Volume Increase

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw unusually-strong trading volume on Thursday . Approximately 701,413 shares traded hands during trading, an increase of 115% from the previous session’s volume of 326,288 shares.The stock last traded at $28.30 and had previously closed at $28.28.

iShares MSCI Intl Value Factor ETF Price Performance

The business’s 50-day moving average price is $26.86 and its 200-day moving average price is $26.08. The firm has a market capitalization of $1.87 billion, a PE ratio of 8.24 and a beta of 0.82.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IVLU. Addison Advisors LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth about $26,000. Beaird Harris Wealth Management LLC increased its position in iShares MSCI Intl Value Factor ETF by 7,456.3% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 1,209 shares of the company’s stock worth $32,000 after purchasing an additional 1,193 shares in the last quarter. Cape Investment Advisory Inc. increased its position in iShares MSCI Intl Value Factor ETF by 40.0% during the 3rd quarter. Cape Investment Advisory Inc. now owns 1,525 shares of the company’s stock worth $39,000 after purchasing an additional 436 shares in the last quarter. Howe & Rusling Inc. purchased a new stake in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $46,000. Finally, Resurgent Financial Advisors LLC purchased a new stake in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at about $47,000.

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.