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

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares hit a new 52-week high during trading on Monday . The company traded as high as $42.00 and last traded at $42.0150, with a volume of 406 shares changing hands. The stock had previously closed at $41.89.

iShares MSCI Intl Value Factor ETF Stock Up 0.4%

The firm has a market cap of $3.70 billion, a PE ratio of 10.99 and a beta of 0.71. The company has a 50-day simple moving average of $39.12 and a two-hundred day simple moving average of $36.74.

Institutional Trading of iShares MSCI Intl Value Factor ETF

A number of large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI Intl Value Factor ETF by 7.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 17,200,645 shares of the company’s stock valued at $654,485,000 after acquiring an additional 1,148,107 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 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 period. Savvy Advisors Inc. lifted its stake in iShares MSCI Intl Value Factor ETF by 74.3% in the fourth quarter. Savvy Advisors Inc. now owns 1,448,020 shares of the company’s stock valued at $55,097,000 after purchasing an additional 617,396 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in iShares MSCI Intl Value Factor ETF by 9,998.0% during the second quarter. EP Wealth Advisors LLC now owns 606,588 shares of the company’s stock valued at $19,951,000 after purchasing an additional 600,581 shares during the period. Finally, Victory Financial Group LLC bought a new position in iShares MSCI Intl Value Factor ETF during the third quarter valued at $20,403,000.

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.