iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 12-Month High – Time to Buy?

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) hit a new 52-week high on Friday . The company traded as high as $38.74 and last traded at $38.6780, with a volume of 20110 shares changing hands. The stock had previously closed at $38.55.

iShares International Equity Factor ETF Stock Performance

The firm has a market capitalization of $2.98 billion, a PE ratio of 14.00 and a beta of 0.81. The firm’s 50-day moving average is $37.16 and its 200 day moving average is $35.90.

Institutional Trading of iShares International Equity Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in iShares International Equity Factor ETF by 27.7% in the 1st quarter. Royal Bank of Canada now owns 7,454 shares of the company’s stock valued at $231,000 after purchasing an additional 1,619 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of iShares International Equity Factor ETF by 2.0% during the first quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock worth $942,000 after buying an additional 609 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares International Equity Factor ETF by 199.8% in the first quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock valued at $9,282,000 after buying an additional 200,583 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of iShares International Equity Factor ETF by 0.9% during the first quarter. Focus Partners Wealth now owns 74,730 shares of the company’s stock valued at $2,305,000 after buying an additional 633 shares during the period. Finally, Strategic Financial Services Inc. boosted its position in iShares International Equity Factor ETF by 1.8% during the first quarter. Strategic Financial Services Inc. now owns 8,657,795 shares of the company’s stock worth $267,006,000 after acquiring an additional 151,082 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. INTF was launched on Apr 28, 2015 and is managed by BlackRock.