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

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares reached a new 52-week high on Monday . The company traded as high as $42.00 and last traded at $42.0150, with a volume of 406 shares traded. The stock had previously closed at $41.89.

iShares MSCI Intl Value Factor ETF Stock Up 0.9%

The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71. The company’s 50 day moving average is $38.91 and its 200 day moving average is $36.62.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Hollencrest Capital Management acquired a new stake in shares of iShares MSCI Intl Value Factor ETF in the second quarter valued at approximately $46,000. Fifth Third Bancorp acquired a new position in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at $56,000. Russell Investments Group Ltd. raised its holdings in iShares MSCI Intl Value Factor ETF by 174.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock valued at $58,000 after acquiring an additional 1,046 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the 3rd quarter valued at $58,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of iShares MSCI Intl Value Factor ETF during the 2nd quarter worth $59,000.

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.