iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Decrease in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 365,490 shares, a decline of 47.4% from the May 14th total of 695,493 shares. Based on an average daily trading volume, of 864,036 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Parallel Advisors LLC boosted its position in shares of iShares MSCI Intl Value Factor ETF by 8.0% during the first quarter. Parallel Advisors LLC now owns 184,208 shares of the company’s stock valued at $7,309,000 after buying an additional 13,640 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares MSCI Intl Value Factor ETF by 48.6% during the first quarter. NewEdge Advisors LLC now owns 214,929 shares of the company’s stock valued at $8,528,000 after buying an additional 70,265 shares during the period. Glenmede Trust Co. NA purchased a new position in shares of iShares MSCI Intl Value Factor ETF during the first quarter valued at approximately $113,000. Bank of America Corp DE boosted its position in shares of iShares MSCI Intl Value Factor ETF by 29.4% during the first quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock valued at $63,588,000 after buying an additional 364,240 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of iShares MSCI Intl Value Factor ETF during the first quarter valued at approximately $222,000.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of NYSEARCA:IVLU traded down $0.45 during trading hours on Monday, hitting $42.53. 1,041,195 shares of the company’s stock traded hands, compared to its average volume of 1,414,046. iShares MSCI Intl Value Factor ETF has a 1 year low of $31.60 and a 1 year high of $43.40. The business has a fifty day moving average price of $42.00 and a 200-day moving average price of $40.46. The firm has a market capitalization of $4.09 billion, a P/E ratio of 10.99 and a beta of 0.61.

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.