iShares International Equity Factor ETF (NYSEARCA:INTF) Stock Price Break Above 200 Day Moving Average – Here’s What Happened

iShares International Equity Factor ETF (NYSEARCA:INTF) shares crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $41.02 and traded as high as $41.29. iShares International Equity Factor ETF shares last traded at $41.12, with a volume of 758,987 shares trading hands.

iShares International Equity Factor ETF Price Performance

The stock’s fifty day moving average price is $42.10 and its 200 day moving average price is $41.06. The stock has a market capitalization of $3.72 billion, a P/E ratio of 14.00 and a beta of 0.75.

Hedge Funds Weigh In On iShares International Equity Factor ETF

Institutional investors have recently modified their holdings of the stock. Northwest Wealth Advisors LLC boosted its holdings in shares of iShares International Equity Factor ETF by 13.3% in the first quarter. Northwest Wealth Advisors LLC now owns 194,093 shares of the company’s stock valued at $7,562,000 after purchasing an additional 22,728 shares during the period. Thrive Wealth Management LLC grew its stake in iShares International Equity Factor ETF by 48.8% in the second quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock worth $20,859,000 after purchasing an additional 167,102 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares International Equity Factor ETF by 23.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,061,578 shares of the company’s stock worth $43,482,000 after purchasing an additional 199,765 shares during the period. RHS Financial LLC increased its holdings in iShares International Equity Factor ETF by 35.2% during the 3rd quarter. RHS Financial LLC now owns 234,403 shares of the company’s stock worth $9,730,000 after purchasing an additional 61,025 shares during the period. Finally, YHB Investment Advisors Inc. purchased a new position in iShares International Equity Factor ETF during the 3rd quarter worth $6,766,000.

About iShares International Equity Factor ETF

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.