iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Strong Trading Volume – Here’s Why

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw an uptick in trading volume on Tuesday . 548,887 shares were traded during mid-day trading, an increase of 74% from the previous session’s volume of 314,567 shares.The stock last traded at $31.27 and had previously closed at $31.02.

iShares MSCI Intl Value Factor ETF Stock Down 0.0 %

The stock has a 50 day moving average of $29.41 and a 200 day moving average of $28.60. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 11.86 and a beta of 0.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its position in iShares MSCI Intl Value Factor ETF by 342.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock worth $44,000 after acquiring an additional 1,261 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 248,000.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,481 shares of the company’s stock worth $67,000 after purchasing an additional 2,480 shares during the last quarter. Bruce G. Allen Investments LLC bought a new position in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at approximately $78,000. Smartleaf Asset Management LLC increased its position in iShares MSCI Intl Value Factor ETF by 136.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,318 shares of the company’s stock valued at $90,000 after acquiring an additional 1,915 shares during the period. Finally, Smithfield Trust Co lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 183.2% during the fourth quarter. Smithfield Trust Co now owns 3,546 shares of the company’s stock worth $96,000 after purchasing an additional 2,294 shares during the period.

iShares MSCI Intl Value Factor ETF Company Profile

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.