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

iShares International Equity Factor ETF (NYSEARCA:INTF)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $40.30 and last traded at $40.26, with a volume of 258935 shares changing hands. The stock had previously closed at $39.61.

iShares International Equity Factor ETF Trading Up 0.8%

The firm has a market capitalization of $3.14 billion, a PE ratio of 14.00 and a beta of 0.81. The business has a 50 day moving average price of $38.03 and a 200-day moving average price of $36.44.

Institutional Investors Weigh In On iShares International Equity Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares International Equity Factor ETF by 8.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 17,242,564 shares of the company’s stock worth $619,180,000 after purchasing an additional 1,364,109 shares during the period. Halbert Hargrove Global Advisors LLC boosted its stake in shares of iShares International Equity Factor ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 3,330,873 shares of the company’s stock worth $125,740,000 after acquiring an additional 68,017 shares in the last quarter. Invesco Ltd. grew its holdings in shares of iShares International Equity Factor ETF by 25.4% in the 3rd quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock worth $113,476,000 after acquiring an additional 640,000 shares during the period. Tolleson Wealth Management Inc. grew its holdings in shares of iShares International Equity Factor ETF by 4.3% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,851,077 shares of the company’s stock worth $97,592,000 after acquiring an additional 118,649 shares during the period. Finally, Compound Planning Inc. increased its stake in iShares International Equity Factor ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 1,960,755 shares of the company’s stock valued at $70,411,000 after purchasing an additional 189,049 shares in 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.