iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sets New 12-Month High – Here’s Why

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) shares hit a new 52-week high on Monday . The company traded as high as $45.07 and last traded at $45.1050, with a volume of 8532 shares traded. The stock had previously closed at $44.53.

iShares International Small Cap Equity Factor ETF Stock Performance

The company has a market capitalization of $601.16 million, a PE ratio of 13.31 and a beta of 0.84. The stock’s fifty day simple moving average is $42.46 and its 200-day simple moving average is $41.14.

Hedge Funds Weigh In On iShares International Small Cap Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors boosted its position in iShares International Small Cap Equity Factor ETF by 20.5% during the 2nd quarter. Arkadios Wealth Advisors now owns 10,798 shares of the company’s stock worth $419,000 after purchasing an additional 1,836 shares during the period. Financial Freedom LLC lifted its holdings in iShares International Small Cap Equity Factor ETF by 12.7% in the second quarter. Financial Freedom LLC now owns 30,477 shares of the company’s stock worth $1,182,000 after acquiring an additional 3,425 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in iShares International Small Cap Equity Factor ETF by 42.3% in the third quarter. Farther Finance Advisors LLC now owns 53,049 shares of the company’s stock valued at $2,182,000 after buying an additional 15,782 shares during the last quarter. Ethos Financial Group LLC acquired a new position in shares of iShares International Small Cap Equity Factor ETF during the third quarter valued at $883,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares International Small Cap Equity Factor ETF by 2,083.4% during the third quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock valued at $453,000 after acquiring an additional 10,521 shares during the period.

iShares International Small Cap Equity Factor ETF Company Profile

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.