iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 12-Month High – Still a Buy?

iShares International Equity Factor ETF (NYSEARCA:INTF) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $41.61 and last traded at $41.55, with a volume of 16729 shares traded. The stock had previously closed at $41.30.

iShares International Equity Factor ETF Price Performance

The firm’s fifty day moving average price is $39.55 and its 200-day moving average price is $37.37. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 14.00 and a beta of 0.81.

Institutional Investors Weigh In On iShares International Equity Factor ETF

A number of hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in iShares International Equity Factor ETF by 54,816.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,878,455 shares of the company’s stock valued at $543,519,000 after buying an additional 15,849,541 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of iShares International Equity Factor ETF in the 4th quarter worth approximately $29,930,000. Invesco Ltd. boosted its holdings in shares of iShares International Equity Factor ETF by 25.4% in the third quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock valued at $113,476,000 after acquiring an additional 640,000 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of iShares International Equity Factor ETF during the fourth quarter valued at approximately $23,427,000. Finally, Ameriprise Financial Inc. raised its holdings in iShares International Equity Factor ETF by 61.2% during the second quarter. Ameriprise Financial Inc. now owns 1,059,484 shares of the company’s stock worth $36,264,000 after purchasing an additional 402,408 shares in 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.