iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Volume Increase – Here’s What Happened

iShares International Equity Factor ETF (NYSEARCA:INTF) shares saw strong trading volume on Thursday . 882,977 shares were traded during trading, an increase of 410% from the previous session’s volume of 173,209 shares.The stock last traded at $30.38 and had previously closed at $30.15.

iShares International Equity Factor ETF Price Performance

The stock’s 50 day moving average is $29.41 and its two-hundred day moving average is $29.92. The stock has a market capitalization of $1.09 billion, a PE ratio of 13.65 and a beta of 0.81.

Hedge Funds Weigh In On iShares International Equity Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTF. Assetmark Inc. grew its holdings in shares of iShares International Equity Factor ETF by 885.1% during the fourth quarter. Assetmark Inc. now owns 995 shares of the company’s stock worth $29,000 after purchasing an additional 894 shares during the last quarter. IFP Advisors Inc purchased a new position in iShares International Equity Factor ETF during the 4th quarter worth approximately $36,000. Allworth Financial LP increased its position in iShares International Equity Factor ETF by 23.7% during the third quarter. Allworth Financial LP now owns 2,162 shares of the company’s stock worth $68,000 after buying an additional 414 shares during the period. Versant Capital Management Inc lifted its stake in iShares International Equity Factor ETF by 477.4% in the fourth quarter. Versant Capital Management Inc now owns 4,452 shares of the company’s stock valued at $128,000 after buying an additional 3,681 shares during the last quarter. Finally, Westover Capital Advisors LLC acquired a new stake in shares of iShares International Equity Factor ETF in the fourth quarter valued at approximately $201,000.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size.