iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Volume Increase – Time to Buy?

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw unusually-high trading volume on Thursday . Approximately 263,838 shares traded hands during trading, a decline of 7% from the previous session’s volume of 282,674 shares.The stock last traded at $26.76 and had previously closed at $26.64.

iShares MSCI Intl Value Factor ETF Stock Performance

The firm has a fifty day moving average price of $28.20 and a 200 day moving average price of $28.30. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 9.61 and a beta of 0.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC raised its stake in iShares MSCI Intl Value Factor ETF by 4.9% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 8,548 shares of the company’s stock valued at $252,000 after acquiring an additional 400 shares during the period. Stonebrook Private Inc. raised its position in shares of iShares MSCI Intl Value Factor ETF by 1.8% in the second quarter. Stonebrook Private Inc. now owns 26,236 shares of the company’s stock valued at $720,000 after purchasing an additional 467 shares during the period. Lauterbach Financial Advisors LLC lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 3.5% during the 3rd quarter. Lauterbach Financial Advisors LLC now owns 14,603 shares of the company’s stock worth $431,000 after buying an additional 494 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 14.2% during the 2nd quarter. EP Wealth Advisors LLC now owns 4,211 shares of the company’s stock worth $116,000 after buying an additional 524 shares during the period. Finally, Index Fund Advisors Inc. grew its stake in iShares MSCI Intl Value Factor ETF by 2.2% in the 2nd quarter. Index Fund Advisors Inc. now owns 26,452 shares of the company’s stock valued at $726,000 after buying an additional 571 shares during the last quarter.

About iShares MSCI Intl Value Factor ETF

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that is based on the MSCI World ex USA Enhanced Value index. The fund tracks an index of large- and mid-cap developed ex-US equities, selected using fundamental metrics, and weighted by these metrics and market-cap. IVLU was launched on Jun 16, 2015 and is managed by BlackRock.