iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $43.40 and last traded at $43.39, with a volume of 98381 shares trading hands. The stock had previously closed at $42.66.

iShares MSCI Intl Value Factor ETF Price Performance

The company has a 50-day moving average price of $41.10 and a 200-day moving average price of $39.90. The firm has a market capitalization of $4.14 billion, a PE ratio of 10.99 and a beta of 0.61.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Glenmede Trust Co. NA acquired a new position in iShares MSCI Intl Value Factor ETF in the first quarter worth about $113,000. Bank of America Corp DE grew its position in shares of iShares MSCI Intl Value Factor ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock worth $63,588,000 after acquiring an additional 364,240 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 1st quarter valued at approximately $222,000. Sunbelt Securities Inc. acquired a new stake in shares of iShares MSCI Intl Value Factor ETF during the 1st quarter valued at approximately $129,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 21.2% in the first quarter. EverSource Wealth Advisors LLC now owns 12,614 shares of the company’s stock worth $501,000 after purchasing an additional 2,207 shares during the period.

About iShares MSCI Intl Value Factor ETF

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.