iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Unusually-High Trading Volume

Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw unusually-high trading volume on Tuesday . Approximately 502,602 shares were traded during mid-day trading, an increase of 61% from the previous session’s volume of 311,587 shares.The stock last traded at $27.58 and had previously closed at $27.59.

iShares MSCI Intl Value Factor ETF Stock Performance

The business has a 50 day moving average price of $28.29 and a two-hundred day moving average price of $27.43. The company has a market cap of $1.73 billion, a P/E ratio of 9.61 and a beta of 0.70.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Beaird Harris Wealth Management LLC increased its holdings in iShares MSCI Intl Value Factor ETF by 7,456.3% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 1,209 shares of the company’s stock valued at $32,000 after purchasing an additional 1,193 shares during the period. Principal Securities Inc. purchased a new position in iShares MSCI Intl Value Factor ETF during the 4th quarter valued at about $53,000. Northwest Investment Counselors LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at about $63,000. Mather Group LLC. purchased a new position in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at about $85,000. Finally, EP Wealth Advisors LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at about $104,000.

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.