iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Strong Trading Volume – What’s Next?

iShares International Equity Factor ETF (NYSEARCA:INTF) shares saw unusually-strong trading volume on Monday. 433,187 shares traded hands during mid-day trading, an increase of 61% from the previous session’s volume of 269,646 shares. The stock last traded at $41.89 and had previously closed at $42.22.

iShares International Equity Factor ETF Stock Performance

The company has a market capitalization of $3.72 billion, a PE ratio of 14.00 and a beta of 0.75. The firm’s 50-day simple moving average is $42.50 and its 200 day simple moving average is $41.27.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Halbert Hargrove Global Advisors LLC lifted its position in shares of iShares International Equity Factor ETF by 0.3% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,339,669 shares of the company’s stock valued at $130,114,000 after acquiring an additional 8,796 shares during the period. Compound Planning Inc. raised its holdings in iShares International Equity Factor ETF by 2.3% during the fourth quarter. Compound Planning Inc. now owns 2,005,671 shares of the company’s stock worth $75,714,000 after purchasing an additional 44,916 shares during the last quarter. Clearwater Capital Advisors LLC raised its holdings in iShares International Equity Factor ETF by 2.9% during the first quarter. Clearwater Capital Advisors LLC now owns 1,894,582 shares of the company’s stock worth $73,813,000 after purchasing an additional 53,350 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares International Equity Factor ETF by 23.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,061,578 shares of the company’s stock worth $43,482,000 after purchasing an additional 199,765 shares in the last quarter. Finally, Shah Wealth Advisors LLC purchased a new stake in iShares International Equity Factor ETF during the second quarter worth $26,804,000.

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.