iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Shares Shorted: Short Interest Down 50.0% in September

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 518,736 shares, a decrease of 50.0% from the August 31st total of 1,036,744 shares. Based on an average trading volume of 918,117 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in iShares MSCI Intl Value Factor ETF by 29.4% in the 1st 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 in the last quarter. Focus Partners Wealth increased its stake in iShares MSCI Intl Value Factor ETF by 0.8% during the 4th quarter. Focus Partners Wealth now owns 1,051,577 shares of the company’s stock worth $40,013,000 after buying an additional 7,918 shares in the last quarter. Kathmere Capital Management LLC increased its stake in iShares MSCI Intl Value Factor ETF by 0.3% during the 1st quarter. Kathmere Capital Management LLC now owns 812,755 shares of the company’s stock worth $32,250,000 after buying an additional 2,579 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 19.9% during the first quarter. Janney Montgomery Scott LLC now owns 781,863 shares of the company’s stock valued at $31,024,000 after acquiring an additional 130,005 shares during the last quarter. Finally, Baer Investment Advisory LLC purchased a new position in shares of iShares MSCI Intl Value Factor ETF in the first quarter valued at approximately $24,840,000.

iShares MSCI Intl Value Factor ETF Stock Performance

Shares of iShares MSCI Intl Value Factor ETF stock traded down $0.20 on Wednesday, hitting $42.89. The company’s stock had a trading volume of 1,510,587 shares, compared to its average volume of 1,189,707. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 10.99 and a beta of 0.62. iShares MSCI Intl Value Factor ETF has a 1 year low of $34.69 and a 1 year high of $45.09. The firm has a fifty day moving average price of $43.96 and a 200-day moving average price of $42.42.

About iShares MSCI Intl Value Factor ETF

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.