iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sets New 52-Week High – Still a Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.12 and last traded at $41.0570, with a volume of 260850 shares. The stock had previously closed at $40.85.

iShares MSCI Intl Value Factor ETF Price Performance

The stock has a market cap of $3.58 billion, a P/E ratio of 10.99 and a beta of 0.71. The firm’s fifty day moving average price is $38.74 and its two-hundred day moving average price is $36.48.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Hollencrest Capital Management bought a new stake in iShares MSCI Intl Value Factor ETF during the second quarter valued at approximately $46,000. Fifth Third Bancorp bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the 3rd quarter worth $56,000. Russell Investments Group Ltd. grew its position in iShares MSCI Intl Value Factor ETF by 174.6% in the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after acquiring an additional 1,046 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares MSCI Intl Value Factor ETF in the third quarter worth $58,000. Finally, Ameritas Advisory Services LLC bought a new position in iShares MSCI Intl Value Factor ETF in the second quarter valued at $59,000.

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.