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

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) hit a new 52-week high during trading on Thursday . The stock traded as high as $39.72 and last traded at $39.6650, with a volume of 425803 shares trading hands. The stock had previously closed at $39.42.

iShares MSCI Intl Value Factor ETF Stock Up 0.5%

The stock’s 50-day moving average price is $38.00 and its 200 day moving average price is $36.02. The company has a market cap of $3.45 billion, a P/E ratio of 10.99 and a beta of 0.71.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of IVLU. Brighton Jones LLC acquired a new position in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at $454,000. Royal Bank of Canada raised its holdings in iShares MSCI Intl Value Factor ETF by 45.1% in the 1st quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock valued at $4,560,000 after acquiring an additional 46,755 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the 1st quarter valued at $473,000. Goldman Sachs Group Inc. grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 242,315 shares of the company’s stock worth $7,345,000 after purchasing an additional 8,276 shares in the last quarter. Finally, Vision Capital Management Inc. increased its position in shares of iShares MSCI Intl Value Factor ETF by 5.1% in the second quarter. Vision Capital Management Inc. now owns 24,364 shares of the company’s stock worth $801,000 after purchasing an additional 1,191 shares during the period.

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.