iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Hits New 52-Week High – Here’s What Happened

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price reached a new 52-week high on Monday . The company traded as high as $36.48 and last traded at $36.4850, with a volume of 35410 shares. The stock had previously closed at $36.22.

iShares MSCI Intl Value Factor ETF Price Performance

The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71. The business has a 50 day simple moving average of $35.55 and a 200 day simple moving average of $33.92.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IVLU. Wealthfront Advisers LLC raised its holdings in iShares MSCI Intl Value Factor ETF by 2.0% in the third quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after acquiring an additional 314 shares in the last quarter. Simplicity Wealth LLC raised its position in iShares MSCI Intl Value Factor ETF by 1.7% in the second quarter. Simplicity Wealth LLC now owns 19,498 shares of the company’s stock worth $641,000 after acquiring an additional 323 shares in the last quarter. Lauterbach Financial Advisors LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 2.2% during the second quarter. Lauterbach Financial Advisors LLC now owns 15,823 shares of the company’s stock worth $520,000 after buying an additional 346 shares in the last quarter. Savant Capital LLC lifted its stake in iShares MSCI Intl Value Factor ETF by 2.5% during the second quarter. Savant Capital LLC now owns 14,536 shares of the company’s stock valued at $478,000 after buying an additional 354 shares in the last quarter. Finally, Sutton Place Investors LLC grew its position in iShares MSCI Intl Value Factor ETF by 5.0% during the 2nd quarter. Sutton Place Investors LLC now owns 7,423 shares of the company’s stock worth $244,000 after purchasing an additional 355 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

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.