iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 52-Week High – Should You Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)’s stock price reached a new 52-week high on Monday . The stock traded as high as $31.15 and last traded at $30.72, with a volume of 428212 shares traded. The stock had previously closed at $30.74.

iShares MSCI Intl Value Factor ETF Price Performance

The company’s 50 day moving average price is $28.53 and its two-hundred day moving average price is $28.43. The stock has a market capitalization of $1.99 billion, a PE ratio of 11.43 and a beta of 0.78.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

A number of institutional investors have recently bought and sold shares of IVLU. PNC Financial Services Group Inc. raised its stake in iShares MSCI Intl Value Factor ETF by 342.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock worth $44,000 after purchasing an additional 1,261 shares during the period. Assetmark Inc. purchased a new position in iShares MSCI Intl Value Factor ETF during the third quarter worth about $57,000. Wells Fargo & Company MN increased its position 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 valued at $67,000 after acquiring an additional 2,480 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new stake in shares of iShares MSCI Intl Value Factor ETF during the fourth quarter valued at about $78,000. Finally, Smartleaf Asset Management LLC increased its position in shares of iShares MSCI Intl Value Factor ETF by 136.5% during the fourth 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 last quarter.

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.