iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Unusually-High Trading Volume – Time to Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw an uptick in trading volume on Monday . 944,001 shares traded hands during trading, an increase of 77% from the previous session’s volume of 532,189 shares.The stock last traded at $27.31 and had previously closed at $27.09.

iShares MSCI Intl Value Factor ETF Trading Up 0.8 %

The stock has a 50 day simple moving average of $27.79 and a 200-day simple moving average of $28.20. The firm has a market cap of $1.70 billion, a PE ratio of 9.61 and a beta of 0.70.

Institutional Trading of iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Intl Value Factor ETF by 11.9% in the third quarter. JPMorgan Chase & Co. now owns 3,776,764 shares of the company’s stock worth $111,528,000 after buying an additional 400,792 shares in the last quarter. Savvy Advisors Inc. boosted its position in shares of iShares MSCI Intl Value Factor ETF by 226.0% during the 3rd quarter. Savvy Advisors Inc. now owns 386,079 shares of the company’s stock valued at $11,401,000 after acquiring an additional 267,655 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,730,969 shares of the company’s stock valued at $404,216,000 after purchasing an additional 186,057 shares in the last quarter. KWB Wealth bought a new stake in iShares MSCI Intl Value Factor ETF in the third quarter worth $4,897,000. Finally, Sanctuary Advisors LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the second quarter valued at $3,898,000.

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.