iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 52-Week High at $29.49

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $29.49 and last traded at $29.45, with a volume of 3301 shares trading hands. The stock had previously closed at $29.42.

iShares MSCI Intl Value Factor ETF Trading Down 0.1 %

The stock has a 50-day simple moving average of $28.38 and a 200 day simple moving average of $28.22. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 9.61 and a beta of 0.70.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI Intl Value Factor ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,730,969 shares of the company’s stock worth $404,216,000 after purchasing an additional 186,057 shares in the last quarter. Freedom Investment Management Inc. bought a new stake in iShares MSCI Intl Value Factor ETF during the fourth quarter valued at about $22,087,000. Kathmere Capital Management LLC increased its stake in shares of iShares MSCI Intl Value Factor ETF by 7.4% in the second quarter. Kathmere Capital Management LLC now owns 736,762 shares of the company’s stock worth $20,217,000 after purchasing an additional 50,779 shares during the period. Armbruster Capital Management Inc. increased its position in iShares MSCI Intl Value Factor ETF by 1.0% in the 2nd quarter. Armbruster Capital Management Inc. now owns 712,510 shares of the company’s stock worth $19,551,000 after buying an additional 6,846 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 0.6% during the first quarter. Janney Montgomery Scott LLC now owns 710,429 shares of the company’s stock worth $20,055,000 after buying an additional 4,215 shares during 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.