iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 1-Year High – Here’s Why

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.39 and last traded at $37.3140, with a volume of 35856 shares changing hands. The stock had previously closed at $37.13.

iShares MSCI Intl Value Factor ETF Stock Performance

The stock has a 50 day moving average of $36.05 and a 200 day moving average of $34.56. The stock has a market capitalization of $2.88 billion, a P/E ratio of 10.99 and a beta of 0.71.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in iShares MSCI Intl Value Factor ETF by 18.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,678,576 shares of the company’s stock worth $153,878,000 after purchasing an additional 736,159 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI Intl Value Factor ETF by 4.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 16,052,538 shares of the company’s stock worth $569,544,000 after buying an additional 733,152 shares during the period. EP Wealth Advisors LLC grew its holdings in iShares MSCI Intl Value Factor ETF by 9,998.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 606,588 shares of the company’s stock worth $19,951,000 after buying an additional 600,581 shares in the last quarter. Victory Financial Group LLC bought a new position in iShares MSCI Intl Value Factor ETF in the 3rd quarter worth approximately $20,403,000. Finally, TLT Family Holdco ULC acquired a new stake in iShares MSCI Intl Value Factor ETF in the 2nd quarter valued at approximately $13,436,000.

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.