iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Strong Trading Volume – Still a Buy?

iShares International Equity Factor ETF (NYSEARCA:INTF) shares saw unusually-high trading volume on Tuesday . Approximately 243,855 shares changed hands during trading, a decline of 13% from the previous session’s volume of 279,688 shares.The stock last traded at $41.50 and had previously closed at $40.98.

iShares International Equity Factor ETF Stock Performance

The company has a fifty day simple moving average of $41.19 and a two-hundred day simple moving average of $40.24. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Several institutional investors have recently added to or reduced their stakes in INTF. Northwestern Mutual Wealth Management Co. boosted its stake in iShares International Equity Factor ETF by 10.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 19,066,471 shares of the company’s stock worth $719,759,000 after buying an additional 1,823,907 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of iShares International Equity Factor ETF during the 4th quarter worth about $29,930,000. Invesco Ltd. boosted its position in shares of iShares International Equity Factor ETF by 25.4% in the third quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock worth $113,476,000 after acquiring an additional 640,000 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of iShares International Equity Factor ETF in the fourth quarter worth approximately $23,427,000. Finally, Ameriprise Financial Inc. grew its holdings in iShares International Equity Factor ETF by 61.2% in the second quarter. Ameriprise Financial Inc. now owns 1,059,484 shares of the company’s stock valued at $36,264,000 after purchasing an additional 402,408 shares during the period.

iShares International Equity Factor ETF Company Profile

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. INTF was launched on Apr 28, 2015 and is managed by BlackRock.