iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sets New 52-Week High – Time to Buy?

Shares of iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) hit a new 52-week high on Wednesday . The stock traded as high as $45.97 and last traded at $45.91, with a volume of 1415 shares trading hands. The stock had previously closed at $45.48.

iShares International Small Cap Equity Factor ETF Stock Up 0.6%

The firm has a market cap of $682.72 million, a price-to-earnings ratio of 13.31 and a beta of 0.81. The stock has a fifty day moving average price of $43.98 and a 200-day moving average price of $44.02.

Hedge Funds Weigh In On iShares International Small Cap Equity Factor ETF

Institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares International Small Cap Equity Factor ETF by 1.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 22,488 shares of the company’s stock worth $974,000 after buying an additional 367 shares during the last quarter. Stillwater Private Wealth LLC acquired a new stake in iShares International Small Cap Equity Factor ETF in the first quarter valued at about $1,435,000. Bank of New York Mellon Corp increased its position in iShares International Small Cap Equity Factor ETF by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock worth $1,506,000 after purchasing an additional 774 shares during the period. Harbor Investment Advisory LLC purchased a new position in shares of iShares International Small Cap Equity Factor ETF during the 1st quarter worth approximately $196,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares International Small Cap Equity Factor ETF by 23.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 257,086 shares of the company’s stock worth $10,744,000 after buying an additional 48,323 shares in the last quarter.

About iShares International Small Cap Equity Factor ETF

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.