iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Volume Increase – Time to Buy?

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw unusually-high trading volume on Tuesday . Approximately 548,887 shares were traded during trading, an increase of 74% from the previous session’s volume of 314,567 shares.The stock last traded at $31.27 and had previously closed at $31.02.

iShares MSCI Intl Value Factor ETF Stock Up 0.9 %

The stock’s fifty day moving average price is $29.25 and its 200-day moving average price is $28.56. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 11.86 and a beta of 0.78.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds have recently modified their holdings of IVLU. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Intl Value Factor ETF by 17.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock valued at $120,455,000 after buying an additional 666,432 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares MSCI Intl Value Factor ETF by 270.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 906,037 shares of the company’s stock valued at $24,563,000 after acquiring an additional 661,194 shares during the period. FMR LLC increased its stake in shares of iShares MSCI Intl Value Factor ETF by 4.3% during the 4th quarter. FMR LLC now owns 8,967,613 shares of the company’s stock worth $243,112,000 after purchasing an additional 370,365 shares during the last quarter. KWB Wealth raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 182.3% in the 4th quarter. KWB Wealth now owns 503,850 shares of the company’s stock valued at $14,879,000 after purchasing an additional 325,390 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in iShares MSCI Intl Value Factor ETF by 6.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock valued at $141,492,000 after purchasing an additional 304,290 shares during the last quarter.

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.