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

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) saw unusually-high trading volume on Tuesday . Approximately 178,745 shares were traded during mid-day trading, an increase of 57% from the previous session’s volume of 113,906 shares.The stock last traded at $30.25 and had previously closed at $30.43.

iShares International Equity Factor ETF Stock Up 0.5 %

The stock has a 50-day simple moving average of $30.13 and a two-hundred day simple moving average of $30.11. The firm has a market cap of $1.09 billion, a PE ratio of 13.65 and a beta of 0.81.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Large investors have recently added to or reduced their stakes in the business. Kestra Investment Management LLC purchased a new position in shares of iShares International Equity Factor ETF in the second quarter worth about $31,404,000. Envestnet Asset Management Inc. boosted its position in iShares International Equity Factor ETF by 380.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 627,487 shares of the company’s stock valued at $18,341,000 after buying an additional 496,814 shares during the period. Atomi Financial Group Inc. grew its holdings in iShares International Equity Factor ETF by 56.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 1,148,379 shares of the company’s stock worth $36,094,000 after acquiring an additional 413,298 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares International Equity Factor ETF in the second quarter valued at about $10,157,000. Finally, Integrated Wealth Concepts LLC raised its stake in shares of iShares International Equity Factor ETF by 16.9% during the third quarter. Integrated Wealth Concepts LLC now owns 1,224,727 shares of the company’s stock valued at $38,493,000 after acquiring an additional 176,856 shares during the last quarter.

About iShares International Equity Factor ETF

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.