iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Strong Trading Volume – Here’s Why

Shares of iShares International Equity Factor ETF (NYSEARCA:INTF) saw unusually-high trading volume on Wednesday . Approximately 342,493 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 273,408 shares.The stock last traded at $41.66 and had previously closed at $41.41.

iShares International Equity Factor ETF Stock Performance

The stock has a market cap of $3.48 billion, a P/E ratio of 14.00 and a beta of 0.74. The business has a 50 day simple moving average of $41.11 and a 200-day simple moving average of $39.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. AlphaCore Capital LLC purchased a new position in shares of iShares International Equity Factor ETF during the 4th quarter valued at $23,427,000. Compound Planning Inc. lifted its position in shares of iShares International Equity Factor ETF by 10.7% during the 3rd quarter. Compound Planning Inc. now owns 1,960,755 shares of the company’s stock valued at $70,411,000 after buying an additional 189,049 shares during the last quarter. Heck Capital Advisors LLC lifted its position in shares of iShares International Equity Factor ETF by 445.6% during the 4th quarter. Heck Capital Advisors LLC now owns 344,720 shares of the company’s stock valued at $13,013,000 after buying an additional 281,539 shares during the last quarter. Sagespring Wealth Partners LLC lifted its position in shares of iShares International Equity Factor ETF by 8.9% during the 4th quarter. Sagespring Wealth Partners LLC now owns 188,820 shares of the company’s stock valued at $7,128,000 after buying an additional 15,467 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in shares of iShares International Equity Factor ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 3,330,873 shares of the company’s stock valued at $125,740,000 after buying an additional 68,017 shares during the last quarter.

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.