iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Volume Increase – Here’s What Happened

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) saw strong trading volume on Tuesday . 300,915 shares traded hands during mid-day trading, an increase of 14% from the previous session’s volume of 263,357 shares.The stock last traded at $40.62 and had previously closed at $40.34.

iShares International Equity Factor ETF Stock Performance

The firm has a market cap of $3.42 billion, a P/E ratio of 14.00 and a beta of 0.75. The firm’s fifty day moving average is $39.96 and its 200 day moving average is $38.79.

Institutional Trading of iShares International Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new stake in shares of iShares International Equity Factor ETF during the 2nd quarter worth about $28,000. Arax Advisory Partners acquired a new stake in iShares International Equity Factor ETF in the 4th quarter worth about $34,000. Root Financial Partners LLC acquired a new stake in iShares International Equity Factor ETF in the 3rd quarter worth about $35,000. Maseco LLP acquired a new stake in iShares International Equity Factor ETF in the 4th quarter worth about $53,000. Finally, Private Trust Co. NA raised its stake in iShares International Equity Factor ETF by 390.2% in the 4th quarter. Private Trust Co. NA now owns 1,608 shares of the company’s stock worth $61,000 after purchasing an additional 1,280 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.