iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 52-Week High – What’s Next?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.01 and last traded at $43.0250, with a volume of 982721 shares. The stock had previously closed at $42.51.

iShares MSCI Intl Value Factor ETF Stock Up 1.2%

The stock has a fifty day moving average of $40.05 and a 200-day moving average of $37.38. The firm has a market capitalization of $3.75 billion, a P/E ratio of 10.99 and a beta of 0.71.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

A number of institutional investors have recently added to or reduced their stakes in IVLU. Rothschild Investment LLC grew its position in iShares MSCI Intl Value Factor ETF by 53.2% during the 4th quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock worth $45,000 after acquiring an additional 415 shares during the last quarter. Hollencrest Capital Management bought a new position in iShares MSCI Intl Value Factor ETF during the second quarter worth $46,000. Fifth Third Bancorp bought a new stake in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $56,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the fourth quarter valued at approximately $61,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in iShares MSCI Intl Value Factor ETF during the 3rd quarter valued at $58,000.

About iShares MSCI Intl Value Factor ETF

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.