iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Hits New 12-Month High – Still a Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $39.72 and last traded at $39.6650, with a volume of 425803 shares traded. The stock had previously closed at $39.42.

iShares MSCI Intl Value Factor ETF Stock Performance

The firm’s 50 day simple moving average is $37.89 and its 200 day simple moving average is $35.94. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 2.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after buying an additional 314 shares during the period. Simplicity Wealth LLC raised its position in iShares MSCI Intl Value Factor ETF by 1.7% during the second quarter. Simplicity Wealth LLC now owns 19,498 shares of the company’s stock valued at $641,000 after acquiring an additional 323 shares in the last quarter. Lauterbach Financial Advisors LLC lifted its holdings in iShares MSCI Intl Value Factor ETF by 2.2% in the second quarter. Lauterbach Financial Advisors LLC now owns 15,823 shares of the company’s stock valued at $520,000 after acquiring an additional 346 shares during the period. Savant Capital LLC boosted its position in iShares MSCI Intl Value Factor ETF by 2.5% in the 2nd quarter. Savant Capital LLC now owns 14,536 shares of the company’s stock worth $478,000 after purchasing an additional 354 shares in the last quarter. Finally, Sutton Place Investors LLC boosted its position in iShares MSCI Intl Value Factor ETF by 5.0% in the 2nd quarter. Sutton Place Investors LLC now owns 7,423 shares of the company’s stock worth $244,000 after purchasing an additional 355 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Company Profile

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.