Short Interest in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Declines By 47.4%

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 365,490 shares, a decline of 47.4% from the May 14th total of 695,493 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 864,036 shares, the short-interest ratio is currently 0.4 days.

iShares MSCI Intl Value Factor ETF Stock Performance

iShares MSCI Intl Value Factor ETF stock traded up $0.24 during trading hours on Friday, hitting $42.98. The company had a trading volume of 813,405 shares, compared to its average volume of 1,417,375. The firm has a market cap of $4.13 billion, a P/E ratio of 10.99 and a beta of 0.61. iShares MSCI Intl Value Factor ETF has a 1 year low of $31.60 and a 1 year high of $43.40. The company has a 50-day moving average price of $41.95 and a two-hundred day moving average price of $40.39.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Several large investors have recently added to or reduced their stakes in IVLU. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 7.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 17,200,645 shares of the company’s stock valued at $654,485,000 after purchasing an additional 1,148,107 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 1.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,736,666 shares of the company’s stock valued at $168,057,000 after purchasing an additional 58,090 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 29.4% in the 1st quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock valued at $63,588,000 after purchasing an additional 364,240 shares in the last quarter. Savvy Advisors Inc. raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 74.3% in the 4th quarter. Savvy Advisors Inc. now owns 1,448,020 shares of the company’s stock valued at $55,097,000 after purchasing an additional 617,396 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 38.3% in the 4th quarter. LPL Financial LLC now owns 1,056,980 shares of the company’s stock valued at $40,218,000 after purchasing an additional 292,642 shares in 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.