iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sets New 12-Month High at $28.60

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $28.60 and last traded at $28.60, with a volume of 11418 shares traded. The stock had previously closed at $28.52.

iShares MSCI Intl Value Factor ETF Stock Up 0.7 %

The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 9.33 and a beta of 0.69. The company has a 50 day simple moving average of $27.89 and a 200 day simple moving average of $26.65.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Addison Advisors LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter worth about $26,000. Beaird Harris Wealth Management LLC boosted its position in shares of iShares MSCI Intl Value Factor ETF by 7,456.3% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 1,209 shares of the company’s stock worth $32,000 after buying an additional 1,193 shares during the period. Cape Investment Advisory Inc. boosted its position in shares of iShares MSCI Intl Value Factor ETF by 40.0% in the third quarter. Cape Investment Advisory Inc. now owns 1,525 shares of the company’s stock worth $39,000 after buying an additional 436 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter worth about $46,000. Finally, Principal Securities Inc. purchased a new position in iShares MSCI Intl Value Factor ETF in the fourth quarter valued at about $53,000.

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.