iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Volume Increase – Here’s What Happened

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) saw strong trading volume on Wednesday . 342,493 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 273,408 shares.The stock last traded at $41.66 and had previously closed at $41.41.

iShares International Equity Factor ETF Trading Up 0.3%

The company has a market cap of $3.43 billion, a PE ratio of 14.00 and a beta of 0.74. The company’s 50 day moving average is $41.17 and its 200 day moving average is $39.81.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Hedge funds have recently added to or reduced their stakes in the stock. Compound Planning Inc. raised its stake in iShares International Equity Factor ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 1,960,755 shares of the company’s stock worth $70,411,000 after buying an additional 189,049 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in iShares International Equity Factor ETF during the fourth quarter worth $23,427,000. Heck Capital Advisors LLC boosted its position in iShares International Equity Factor ETF by 445.6% during the 4th quarter. Heck Capital Advisors LLC now owns 344,720 shares of the company’s stock valued at $13,013,000 after acquiring an additional 281,539 shares in the last quarter. Sagespring Wealth Partners LLC increased its holdings in shares of iShares International Equity Factor ETF by 8.9% in the 4th quarter. Sagespring Wealth Partners LLC now owns 188,820 shares of the company’s stock valued at $7,128,000 after acquiring an additional 15,467 shares during the period. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in shares of iShares International Equity Factor ETF by 2.1% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 3,330,873 shares of the company’s stock valued at $125,740,000 after acquiring an additional 68,017 shares during the period.

iShares International Equity Factor ETF Company Profile

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.