iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 1-Year High – What’s Next?

iShares International Equity Factor ETF (NYSEARCA:INTF) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $32.96 and last traded at $32.89, with a volume of 186378 shares traded. The stock had previously closed at $32.80.

iShares International Equity Factor ETF Stock Up 0.3%

The stock has a market cap of $1.98 billion, a P/E ratio of 14.56 and a beta of 0.80. The firm has a 50 day moving average price of $31.12 and a 200 day moving average price of $30.25.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Invesco Ltd. purchased a new stake in iShares International Equity Factor ETF during the 1st quarter valued at approximately $77,717,000. JPMorgan Chase & Co. grew its stake in iShares International Equity Factor ETF by 1,462.5% during the fourth quarter. JPMorgan Chase & Co. now owns 1,425,417 shares of the company’s stock valued at $40,938,000 after acquiring an additional 1,334,188 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares International Equity Factor ETF in the 4th quarter valued at $27,183,000. Heck Capital Advisors LLC purchased a new stake in iShares International Equity Factor ETF in the 4th quarter worth $21,442,000. Finally, Strategic Financial Services Inc. boosted its holdings in shares of iShares International Equity Factor ETF by 8.0% during the 4th quarter. Strategic Financial Services Inc. now owns 8,506,713 shares of the company’s stock valued at $244,314,000 after purchasing an additional 629,430 shares during the last quarter.

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.