iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sees Large Volume Increase – Here’s What Happened

Shares of iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) saw an uptick in trading volume on Monday . 251,403 shares changed hands during mid-day trading, an increase of 301% from the previous session’s volume of 62,653 shares.The stock last traded at $41.58 and had previously closed at $40.60.

iShares International Small Cap Equity Factor ETF Trading Up 1.4%

The stock has a market cap of $556.07 million, a P/E ratio of 13.31 and a beta of 0.84. The stock has a 50 day simple moving average of $43.88 and a 200 day simple moving average of $42.05.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in shares of iShares International Small Cap Equity Factor ETF by 6.2% in the 4th quarter. Farther Finance Advisors LLC now owns 56,357 shares of the company’s stock valued at $2,338,000 after purchasing an additional 3,308 shares in the last quarter. Financial Freedom LLC increased its position in iShares International Small Cap Equity Factor ETF by 28.0% during the 4th quarter. Financial Freedom LLC now owns 38,673 shares of the company’s stock worth $1,604,000 after purchasing an additional 8,449 shares in the last quarter. Ethos Financial Group LLC lifted its stake in iShares International Small Cap Equity Factor ETF by 38.1% in the 4th quarter. Ethos Financial Group LLC now owns 29,651 shares of the company’s stock valued at $1,230,000 after purchasing an additional 8,188 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares International Small Cap Equity Factor ETF by 1,218.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 25,076 shares of the company’s stock valued at $1,040,000 after purchasing an additional 23,174 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares International Small Cap Equity Factor ETF by 5.3% in the fourth quarter. Captrust Financial Advisors now owns 18,556 shares of the company’s stock valued at $770,000 after buying an additional 934 shares in the last quarter.

About iShares International Small Cap Equity Factor ETF

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.