iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 12-Month High – Here’s Why

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $38.74 and last traded at $38.6780, with a volume of 20110 shares trading hands. The stock had previously closed at $38.55.

iShares International Equity Factor ETF Stock Performance

The firm has a market capitalization of $2.98 billion, a PE ratio of 14.00 and a beta of 0.81. The company’s 50-day moving average price is $37.16 and its 200-day moving average price is $35.90.

Institutional Investors Weigh In On iShares International Equity Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in INTF. Seascape Capital Management lifted its holdings in shares of iShares International Equity Factor ETF by 2.4% during the second quarter. Seascape Capital Management now owns 13,851 shares of the company’s stock worth $474,000 after purchasing an additional 321 shares during the period. Stratos Investment Management LLC boosted its stake in shares of iShares International Equity Factor ETF by 0.7% during the 3rd quarter. Stratos Investment Management LLC now owns 62,182 shares of the company’s stock worth $2,233,000 after acquiring an additional 422 shares in the last quarter. Beirne Wealth Consulting Services LLC boosted its stake in shares of iShares International Equity Factor ETF by 0.4% during the 3rd quarter. Beirne Wealth Consulting Services LLC now owns 108,716 shares of the company’s stock worth $3,905,000 after acquiring an additional 476 shares in the last quarter. IFP Advisors Inc raised its holdings in iShares International Equity Factor ETF by 44.5% during the third quarter. IFP Advisors Inc now owns 1,831 shares of the company’s stock worth $66,000 after purchasing an additional 564 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its position in iShares International Equity Factor ETF by 4.4% during the third quarter. Capital Advisors Ltd. LLC now owns 13,855 shares of the company’s stock worth $498,000 after purchasing an additional 587 shares in 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. INTF was launched on Apr 28, 2015 and is managed by BlackRock.