iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 12-Month High – Should You Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $41.12 and last traded at $41.0570, with a volume of 260850 shares trading hands. The stock had previously closed at $40.85.

iShares MSCI Intl Value Factor ETF Price Performance

The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71. The business has a fifty day moving average price of $38.56 and a two-hundred day moving average price of $36.38.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

A number of institutional investors have recently bought and sold shares of IVLU. Wealthfront Advisers LLC boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 2.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after acquiring an additional 314 shares during the last quarter. Simplicity Wealth LLC lifted its position in iShares MSCI Intl Value Factor ETF by 1.7% during the second quarter. Simplicity Wealth LLC now owns 19,498 shares of the company’s stock valued at $641,000 after purchasing an additional 323 shares during the period. Savant Capital LLC lifted its position in iShares MSCI Intl Value Factor ETF by 2.5% during the second quarter. Savant Capital LLC now owns 14,536 shares of the company’s stock valued at $478,000 after purchasing an additional 354 shares during the period. AE Wealth Management LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 21.4% in the third quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock valued at $74,000 after purchasing an additional 370 shares during the last quarter. Finally, Fiduciary Alliance LLC grew its position in iShares MSCI Intl Value Factor ETF by 5.3% during the 4th quarter. Fiduciary Alliance LLC now owns 7,629 shares of the company’s stock worth $290,000 after purchasing an additional 381 shares during the period.

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.