iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Unusually-High Trading Volume – Here’s What Happened

iShares International Equity Factor ETF (NYSEARCA:INTF) saw unusually-strong trading volume on Friday . Approximately 385,163 shares traded hands during mid-day trading, an increase of 132% from the previous session’s volume of 165,996 shares.The stock last traded at $30.62 and had previously closed at $30.80.

iShares International Equity Factor ETF Trading Down 0.4 %

The stock has a market capitalization of $1.31 billion, a PE ratio of 14.86 and a beta of 0.87. The firm has a 50 day moving average of $29.69 and a two-hundred day moving average of $30.09.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTF. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 1,334,188 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares International Equity Factor ETF during the fourth quarter worth $27,183,000. Heck Capital Advisors LLC purchased a new position in iShares International Equity Factor ETF during the fourth quarter worth $21,442,000. Strategic Financial Services Inc. increased its position in iShares International Equity Factor ETF by 8.0% during the fourth quarter. Strategic Financial Services Inc. now owns 8,506,713 shares of the company’s stock worth $244,314,000 after buying an additional 629,430 shares in the last quarter. Finally, Sterling Financial Group Inc. purchased a new position in iShares International Equity Factor ETF during the fourth quarter worth $12,494,000.

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.