iShares International Equity Factor ETF (NYSEARCA:INTF) Reaches New 1-Year High – Here’s Why

iShares International Equity Factor ETF (NYSEARCA:INTF) shares reached a new 52-week high on Wednesday . The company traded as high as $43.21 and last traded at $43.17, with a volume of 5681 shares. The stock had previously closed at $42.94.

iShares International Equity Factor ETF Trading Up 0.5%

The firm has a 50-day moving average price of $41.40 and a 200-day moving average price of $40.74. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 14.00 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Equity Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. bought a new position in shares of iShares International Equity Factor ETF during the 2nd quarter valued at about $28,000. Legacy Wealth Managment LLC ID lifted its stake in iShares International Equity Factor ETF by 1,981.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock valued at $31,000 after purchasing an additional 753 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in iShares International Equity Factor ETF in the first quarter worth approximately $32,000. Arax Advisory Partners bought a new position in shares of iShares International Equity Factor ETF in the fourth quarter valued at $34,000. Finally, Private Trust Co. NA lifted its position in shares of iShares International Equity Factor ETF by 390.2% during the 4th quarter. Private Trust Co. NA now owns 1,608 shares of the company’s stock valued at $61,000 after acquiring an additional 1,280 shares during the last quarter.

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. INTF was launched on Apr 28, 2015 and is managed by BlackRock.