iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Strong Trading Volume – Time to Buy?

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) saw unusually-strong trading volume on Friday . 491,908 shares traded hands during mid-day trading, an increase of 84% from the previous session’s volume of 267,467 shares.The stock last traded at $43.06 and had previously closed at $42.79.

iShares International Equity Factor ETF Stock Performance

The stock has a market cap of $3.72 billion, a P/E ratio of 14.00 and a beta of 0.74. The firm’s 50 day moving average is $41.69 and its 200 day moving average is $40.92.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Shah Wealth Advisors LLC acquired a new stake in shares of iShares International Equity Factor ETF in the 2nd quarter worth $26,804,000. XML Financial LLC acquired a new position in iShares International Equity Factor ETF during the 2nd quarter valued at about $283,000. Orgel Wealth Management LLC raised its stake in iShares International Equity Factor ETF by 7.8% in the second quarter. Orgel Wealth Management LLC now owns 9,445 shares of the company’s stock valued at $387,000 after buying an additional 683 shares during the last quarter. Thrive Wealth Management LLC raised its stake in iShares International Equity Factor ETF by 48.8% in the second quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock valued at $20,859,000 after buying an additional 167,102 shares during the last quarter. Finally, Dala Group LLC purchased a new stake in iShares International Equity Factor ETF in the first quarter valued at about $319,000.

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.