iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 52-Week High – Should You Buy?

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.21 and last traded at $43.17, with a volume of 5681 shares changing hands. The stock had previously closed at $42.94.

iShares International Equity Factor ETF Stock Up 0.4%

The company’s 50-day simple moving average is $41.47 and its 200 day simple moving average is $40.80. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Sovran Advisors LLC lifted its holdings in iShares International Equity Factor ETF by 4.1% in the 1st quarter. Sovran Advisors LLC now owns 7,380 shares of the company’s stock worth $302,000 after purchasing an additional 291 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of iShares International Equity Factor ETF by 2.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 19,254 shares of the company’s stock valued at $727,000 after purchasing an additional 371 shares during the period. D.A. Davidson & CO. raised its position in shares of iShares International Equity Factor ETF by 8.7% in the first quarter. D.A. Davidson & CO. now owns 6,276 shares of the company’s stock valued at $245,000 after purchasing an additional 500 shares during the period. MML Investors Services LLC raised its position in shares of iShares International Equity Factor ETF by 4.7% in the fourth quarter. MML Investors Services LLC now owns 13,620 shares of the company’s stock valued at $514,000 after purchasing an additional 608 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of iShares International Equity Factor ETF by 2.0% in the first quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock worth $942,000 after buying an additional 609 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.