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 share price hit a new 52-week high during trading on Wednesday . The company traded as high as $44.03 and last traded at $43.97, with a volume of 1037253 shares trading hands. The stock had previously closed at $43.67.

iShares MSCI Intl Value Factor ETF Trading Up 0.7%

The stock has a 50 day simple moving average of $42.48 and a 200-day simple moving average of $41.56. The firm has a market cap of $4.50 billion, a P/E ratio of 10.99 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. G&S Capital LLC raised its stake in iShares MSCI Intl Value Factor ETF by 1.2% during the second quarter. G&S Capital LLC now owns 29,364 shares of the company’s stock valued at $1,228,000 after purchasing an additional 334 shares in the last quarter. Breakwater Capital Group grew its stake in shares of iShares MSCI Intl Value Factor ETF by 5.6% in the 2nd quarter. Breakwater Capital Group now owns 50,019 shares of the company’s stock worth $2,092,000 after buying an additional 2,651 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 2.3% in the 2nd quarter. Valeo Financial Advisors LLC now owns 10,425 shares of the company’s stock worth $436,000 after buying an additional 239 shares during the last quarter. Trilogy Capital Inc. bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 2nd quarter worth about $297,000. Finally, Parallel Advisors LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 8.0% during the 1st quarter. Parallel Advisors LLC now owns 184,208 shares of the company’s stock valued at $7,309,000 after buying an additional 13,640 shares in the last quarter.

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.