iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 1-Year High – Still a Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $29.92 and last traded at $29.97, with a volume of 62104 shares traded. The stock had previously closed at $29.76.

iShares MSCI Intl Value Factor ETF Stock Performance

The stock’s 50 day simple moving average is $27.87 and its 200-day simple moving average is $28.29. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 11.32 and a beta of 0.80.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in iShares MSCI Intl Value Factor ETF by 17.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock worth $120,455,000 after buying an additional 666,432 shares during the period. FMR LLC boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 4.3% in the fourth quarter. FMR LLC now owns 8,967,613 shares of the company’s stock worth $243,112,000 after buying an additional 370,365 shares during the last quarter. KWB Wealth lifted its holdings in iShares MSCI Intl Value Factor ETF by 182.3% in the fourth quarter. KWB Wealth now owns 503,850 shares of the company’s stock valued at $14,879,000 after acquiring an additional 325,390 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI Intl Value Factor ETF by 6.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock worth $141,492,000 after purchasing an additional 304,290 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the 4th quarter valued at $7,930,000.

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.