iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Significant Decrease in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 354,454 shares, a decline of 42.0% from the June 15th total of 610,977 shares. Based on an average daily trading volume, of 934,770 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI Intl Value Factor ETF by 7.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 17,200,645 shares of the company’s stock valued at $654,485,000 after purchasing an additional 1,148,107 shares in the last quarter. Baer Investment Advisory LLC acquired a new stake in iShares MSCI Intl Value Factor ETF during the first quarter worth about $24,840,000. Savvy Advisors Inc. grew its stake in iShares MSCI Intl Value Factor ETF by 74.3% during the fourth quarter. Savvy Advisors Inc. now owns 1,448,020 shares of the company’s stock worth $55,097,000 after buying an additional 617,396 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in iShares MSCI Intl Value Factor ETF by 9,998.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 606,588 shares of the company’s stock valued at $19,951,000 after buying an additional 600,581 shares during the period. Finally, Victory Financial Group LLC bought a new position in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $20,403,000.

iShares MSCI Intl Value Factor ETF Price Performance

NYSEARCA:IVLU traded down $0.32 during trading hours on Thursday, reaching $42.34. 543,188 shares of the company were exchanged, compared to its average volume of 1,322,449. The company has a market capitalization of $4.30 billion, a P/E ratio of 10.99 and a beta of 0.62. iShares MSCI Intl Value Factor ETF has a 1-year low of $32.53 and a 1-year high of $43.40. The business has a 50 day moving average of $42.37 and a 200 day moving average of $41.15.

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.