iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 52-Week High – Time to Buy?

iShares International Equity Factor ETF (NYSEARCA:INTF)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $33.43 and last traded at $33.42, with a volume of 68735 shares. The stock had previously closed at $33.17.

iShares International Equity Factor ETF Stock Up 1.1%

The stock has a market capitalization of $2.02 billion, a PE ratio of 14.56 and a beta of 0.80. The stock’s 50-day moving average is $31.23 and its 200 day moving average is $30.31.

Hedge Funds Weigh In On iShares International Equity Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of INTF. Invesco Ltd. acquired a new stake in shares of iShares International Equity Factor ETF during the 1st quarter worth about $77,717,000. JPMorgan Chase & Co. grew its holdings in iShares International Equity Factor ETF by 1,462.5% during the 4th quarter. JPMorgan Chase & Co. now owns 1,425,417 shares of the company’s stock worth $40,938,000 after acquiring an additional 1,334,188 shares during the period. Kestra Investment Management LLC boosted its position in shares of iShares International Equity Factor ETF by 86.3% during the first quarter. Kestra Investment Management LLC now owns 2,290,401 shares of the company’s stock worth $70,636,000 after purchasing an additional 1,061,028 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares International Equity Factor ETF in the fourth quarter worth about $27,183,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of iShares International Equity Factor ETF in the 4th quarter valued at approximately $21,442,000.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size.