iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Hits New 12-Month High – Time to Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $30.29 and last traded at $29.97, with a volume of 387344 shares trading hands. The stock had previously closed at $29.55.

iShares MSCI Intl Value Factor ETF Stock Performance

The stock’s 50-day moving average is $28.24 and its 200 day moving average is $28.38. The firm has a market cap of $2.02 billion, a P/E ratio of 11.32 and a beta of 0.80.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

A number of large investors have recently added to or reduced their stakes in IVLU. JPMorgan Chase & Co. increased its holdings in iShares MSCI Intl Value Factor ETF by 17.6% during the 4th quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock worth $120,455,000 after purchasing an additional 666,432 shares in the last quarter. FMR LLC boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 4.3% during the 4th quarter. FMR LLC now owns 8,967,613 shares of the company’s stock worth $243,112,000 after buying an additional 370,365 shares during the last quarter. KWB Wealth boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 182.3% during the 4th quarter. KWB Wealth now owns 503,850 shares of the company’s stock worth $14,879,000 after buying an additional 325,390 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 6.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock worth $141,492,000 after buying an additional 304,290 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF during the 4th quarter worth about $7,930,000.

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.