iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 1-Year High – Time to Buy?

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) hit a new 52-week high during trading on Thursday . The stock traded as high as $43.41 and last traded at $43.3990, with a volume of 100496 shares. The stock had previously closed at $42.83.

iShares International Equity Factor ETF Stock Up 1.3%

The firm has a 50 day moving average price of $42.01 and a 200 day moving average price of $41.06. The stock has a market cap of $3.74 billion, a PE ratio of 14.00 and a beta of 0.74.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in iShares International Equity Factor ETF by 27.7% in the first 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 iShares International Equity Factor ETF by 2.0% in the 1st 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 grew its holdings in iShares International Equity Factor ETF by 199.8% during the first quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock worth $9,282,000 after acquiring an additional 200,583 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of iShares International Equity Factor ETF during the second quarter valued at approximately $28,000. Finally, Diversify Advisory Services LLC increased its position in iShares International Equity Factor ETF by 30.3% in the 2nd quarter. Diversify Advisory Services LLC now owns 59,350 shares of the company’s stock worth $2,087,000 after purchasing an additional 13,817 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.