iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Unusually-High Trading Volume – Still a Buy?

iShares International Equity Factor ETF (NYSEARCA:INTF – Get Free Report) shares saw an uptick in trading volume on Friday. 818,811 shares traded hands during trading, an increase of 186% from the previous session’s volume of 286,301 shares. The stock last traded at $41.2350 and had previously closed at $41.10.

iShares International Equity Factor ETF Stock Performance

The stock’s fifty day simple moving average is $42.53 and its two-hundred day simple moving average is $41.44. The stock has a market capitalization of $3.67 billion, a P/E ratio of 14.00 and a beta of 0.75.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Shah Wealth Advisors LLC acquired a new stake in iShares International Equity Factor ETF in the second quarter valued at approximately $26,804,000. Acropolis Investment Management LLC bought a new position in shares of iShares International Equity Factor ETF in the third quarter valued at $14,560,000. Envestnet Asset Management Inc. grew its holdings in shares of 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 valued at $43,482,000 after buying an additional 199,765 shares during the last quarter. Thrive Wealth Management LLC grew its holdings in shares of iShares International Equity Factor ETF by 48.8% during the second quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock valued at $20,859,000 after buying an additional 167,102 shares during the last quarter. Finally, YHB Investment Advisors Inc. bought a new stake in shares of iShares International Equity Factor ETF during the third quarter worth about $6,766,000.

iShares International Equity Factor ETF Company Profile

(Get Free Report)

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.

Further Reading

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