iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 12-Month High – Still a Buy?

iShares International Equity Factor ETF (NYSEARCA:INTF)’s share price reached a new 52-week high on Thursday . The stock traded as high as $42.02 and last traded at $42.02, with a volume of 11182 shares changing hands. The stock had previously closed at $41.19.

iShares International Equity Factor ETF Stock Up 2.1%

The company has a market cap of $3.63 billion, a P/E ratio of 14.00 and a beta of 0.74. The business has a fifty day moving average price of $41.21 and a 200-day moving average price of $40.51.

Institutional Investors Weigh In On iShares International Equity Factor ETF

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its position in iShares International Equity Factor ETF by 27.7% in the 1st quarter. Royal Bank of Canada now owns 7,454 shares of the company’s stock valued at $231,000 after acquiring an additional 1,619 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares International Equity Factor ETF by 2.0% during the first quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock worth $942,000 after purchasing an additional 609 shares during the period. Jane Street Group LLC increased its stake in shares of iShares International Equity Factor ETF by 199.8% in the 1st quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock worth $9,282,000 after acquiring an additional 200,583 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of iShares International Equity Factor ETF in the 2nd quarter worth about $28,000. Finally, Diversify Advisory Services LLC grew its holdings in shares of iShares International Equity Factor ETF by 30.3% during the second quarter. Diversify Advisory Services LLC now owns 59,350 shares of the company’s stock valued at $2,087,000 after buying an additional 13,817 shares during the last quarter.

iShares International Equity Factor ETF Company Profile

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.