iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Volume Increase – Here’s What Happened

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares saw unusually-high trading volume on Thursday . Approximately 263,838 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 282,674 shares.The stock last traded at $26.76 and had previously closed at $26.64.

iShares MSCI Intl Value Factor ETF Price Performance

The firm has a market cap of $1.67 billion, a PE ratio of 9.61 and a beta of 0.70. The business has a 50-day moving average price of $28.11 and a two-hundred day moving average price of $28.27.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Assetmark Inc. acquired a new position in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at about $57,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter worth about $66,000. Transcendent Capital Group LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the third quarter valued at approximately $67,000. EP Wealth Advisors LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 14.2% in the second quarter. EP Wealth Advisors LLC now owns 4,211 shares of the company’s stock valued at $116,000 after buying an additional 524 shares during the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 37.2% during the second quarter. National Bank of Canada FI now owns 4,695 shares of the company’s stock valued at $129,000 after buying an additional 1,272 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.