iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Unusually-High Trading Volume – Should You Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw an uptick in trading volume on Monday . 944,001 shares changed hands during trading, an increase of 77% from the previous session’s volume of 532,189 shares.The stock last traded at $27.31 and had previously closed at $27.09.

iShares MSCI Intl Value Factor ETF Price Performance

The firm has a market cap of $1.69 billion, a P/E ratio of 9.61 and a beta of 0.70. The company has a fifty day moving average of $27.71 and a 200-day moving average of $28.20.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its holdings in iShares MSCI Intl Value Factor ETF by 13.5% during the second quarter. Commonwealth Equity Services LLC now owns 29,477 shares of the company’s stock worth $809,000 after acquiring an additional 3,499 shares during the period. National Bank of Canada FI grew its position in iShares MSCI Intl Value Factor ETF by 37.2% during the second quarter. National Bank of Canada FI now owns 4,695 shares of the company’s stock valued at $129,000 after buying an additional 1,272 shares during the period. Savant Capital LLC bought a new position in iShares MSCI Intl Value Factor ETF during the second quarter valued at about $450,000. Wealthgarden F.S. LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the second quarter worth about $740,000. Finally, Parallel Advisors LLC boosted its stake in iShares MSCI Intl Value Factor ETF by 8.4% in the second quarter. Parallel Advisors LLC now owns 112,370 shares of the company’s stock valued at $3,083,000 after acquiring an additional 8,736 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.