iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 1-Year High – What’s Next?

iShares International Equity Factor ETF (NYSEARCA:INTF) hit a new 52-week high on Tuesday . The company traded as high as $36.70 and last traded at $36.60, with a volume of 182923 shares. The stock had previously closed at $36.55.

iShares International Equity Factor ETF Stock Up 0.1%

The firm has a market capitalization of $2.69 billion, a PE ratio of 14.00 and a beta of 0.87. The firm’s 50-day simple moving average is $35.42 and its 200-day simple moving average is $33.66.

Hedge Funds Weigh In On iShares International Equity Factor ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Sovran Advisors LLC bought a new stake in shares of iShares International Equity Factor ETF in the 2nd quarter worth $208,000. Envestnet Asset Management Inc. increased its position in iShares International Equity Factor ETF by 10.1% during the first quarter. Envestnet Asset Management Inc. now owns 974,415 shares of the company’s stock valued at $30,051,000 after acquiring an additional 89,159 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares International Equity Factor ETF by 24.4% in the first quarter. LPL Financial LLC now owns 89,640 shares of the company’s stock valued at $2,764,000 after acquiring an additional 17,585 shares during the period. Seascape Capital Management lifted its holdings in iShares International Equity Factor ETF by 2.4% in the second quarter. Seascape Capital Management now owns 13,851 shares of the company’s stock valued at $474,000 after acquiring an additional 321 shares during the period. Finally, CX Institutional purchased a new position in iShares International Equity Factor ETF in the first quarter worth about $227,000.

iShares International Equity Factor ETF Company Profile

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.