iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 52-Week High – What’s Next?

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.20 and last traded at $41.17, with a volume of 240785 shares trading hands. The stock had previously closed at $40.54.

iShares International Equity Factor ETF Stock Performance

The stock has a market cap of $3.21 billion, a PE ratio of 14.00 and a beta of 0.81. The stock has a fifty day moving average price of $38.77 and a 200 day moving average price of $36.87.

Institutional Investors Weigh In On iShares International Equity Factor ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of iShares International Equity Factor ETF by 27.7% during the 1st quarter. Royal Bank of Canada now owns 7,454 shares of the company’s stock worth $231,000 after purchasing an additional 1,619 shares during the period. AQR Capital Management LLC raised its position in iShares International Equity Factor ETF by 2.0% in the 1st quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock worth $942,000 after purchasing an additional 609 shares during the period. Jane Street Group LLC lifted its stake in iShares International Equity Factor ETF by 199.8% in the first quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock worth $9,282,000 after purchasing an additional 200,583 shares during the last quarter. Private Trust Co. NA purchased a new position in shares of iShares International Equity Factor ETF during the second quarter valued at approximately $28,000. Finally, Sage Mountain Advisors LLC boosted its position in shares of iShares International Equity Factor ETF by 2.0% during the second quarter. Sage Mountain Advisors LLC now owns 42,634 shares of the company’s stock valued at $1,459,000 after buying an additional 820 shares during the period.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.