iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 12-Month High – Should You Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.23 and last traded at $31.20, with a volume of 32245 shares traded. The stock had previously closed at $30.91.

iShares MSCI Intl Value Factor ETF Stock Performance

The company has a market cap of $2.05 billion, a P/E ratio of 11.43 and a beta of 0.78. The business’s 50-day moving average price is $28.74 and its 200 day moving average price is $28.47.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

A number of institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in iShares MSCI Intl Value Factor ETF by 342.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock worth $44,000 after buying an additional 1,261 shares in the last quarter. Assetmark Inc. bought a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter worth about $57,000. Wells Fargo & Company MN raised its holdings in iShares MSCI Intl Value Factor ETF by 248,000.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,481 shares of the company’s stock valued at $67,000 after buying an additional 2,480 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF during the fourth quarter worth $78,000. Finally, Smartleaf Asset Management LLC grew its position in shares of iShares MSCI Intl Value Factor ETF by 136.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,318 shares of the company’s stock valued at $90,000 after buying an additional 1,915 shares during 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.