Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Expands By 134.4%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 867,620 shares, an increase of 134.4% from the July 15th total of 370,096 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 829,726 shares, the days-to-cover ratio is presently 1.0 days.

iShares MSCI Intl Value Factor ETF Trading Up 0.1%

Shares of IVLU traded up $0.05 during midday trading on Friday, reaching $44.35. The stock had a trading volume of 482,828 shares, compared to its average volume of 1,248,080. The firm has a 50 day simple moving average of $42.69 and a 200-day simple moving average of $41.81. iShares MSCI Intl Value Factor ETF has a one year low of $34.47 and a one year high of $44.49. The firm has a market cap of $4.54 billion, a PE ratio of 10.99 and a beta of 0.62.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds have recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth approximately $454,000. Royal Bank of Canada boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 45.1% during the 1st quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock worth $4,560,000 after acquiring an additional 46,755 shares during the period. AQR Capital Management LLC bought a new position in shares of iShares MSCI Intl Value Factor ETF during the 1st quarter worth approximately $473,000. Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 242,315 shares of the company’s stock worth $7,345,000 after acquiring an additional 8,276 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 43.7% during the 2nd quarter. NewEdge Advisors LLC now owns 153,148 shares of the company’s stock worth $5,037,000 after acquiring an additional 46,555 shares during 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.