iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sets New 12-Month High – What’s Next?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $44.89 and last traded at $44.8450, with a volume of 43395 shares changing hands. The stock had previously closed at $44.37.

iShares MSCI Intl Value Factor ETF Stock Down 0.1%

The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 10.99 and a beta of 0.62. The company’s 50-day moving average price is $43.34 and its 200-day moving average price is $42.11.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in 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 during the last quarter. Bank of America Corp DE boosted its stake in iShares MSCI Intl Value Factor ETF by 29.4% during the 1st quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock worth $63,588,000 after purchasing an additional 364,240 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 38.3% during the fourth quarter. LPL Financial LLC now owns 1,056,980 shares of the company’s stock worth $40,218,000 after buying an additional 292,642 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 0.8% during the fourth quarter. Focus Partners Wealth now owns 1,051,577 shares of the company’s stock worth $40,013,000 after buying an additional 7,918 shares in the last quarter. Finally, Kathmere Capital Management LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 0.3% in the first quarter. Kathmere Capital Management LLC now owns 812,755 shares of the company’s stock valued at $32,250,000 after buying an additional 2,579 shares during the last quarter.

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.