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

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLUGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $38.75 and last traded at $38.7550, with a volume of 439229 shares changing hands. The stock had previously closed at $38.51.

iShares MSCI Intl Value Factor ETF Stock Up 0.8%

The company has a fifty day moving average price of $37.15 and a two-hundred day moving average price of $35.37. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IVLU. Brighton Jones LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the 4th quarter worth $454,000. Royal Bank of Canada lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 45.1% in the 1st quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock valued at $4,560,000 after buying an additional 46,755 shares during the period. AQR Capital Management LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the first quarter valued at approximately $473,000. Goldman Sachs Group Inc. grew its holdings in iShares MSCI Intl Value Factor ETF by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 242,315 shares of the company’s stock worth $7,345,000 after acquiring an additional 8,276 shares during the period. Finally, Ashton Thomas Private Wealth LLC grew its holdings in iShares MSCI Intl Value Factor ETF by 0.3% during the first quarter. Ashton Thomas Private Wealth LLC now owns 293,268 shares of the company’s stock worth $8,889,000 after acquiring an additional 770 shares during the period.

About iShares MSCI Intl Value Factor ETF

(Get Free Report)

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.

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