iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Volume Increase – Here’s What Happened

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw unusually-high trading volume on Tuesday . Approximately 454,570 shares were traded during trading, an increase of 47% from the previous session’s volume of 308,503 shares.The stock last traded at $31.41 and had previously closed at $31.32.

iShares MSCI Intl Value Factor ETF Price Performance

The company has a market capitalization of $2.07 billion, a PE ratio of 11.43 and a beta of 0.78. The company’s fifty day moving average is $29.00 and its 200-day moving average is $28.52.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in IVLU. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Intl Value Factor ETF by 17.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock worth $120,455,000 after acquiring an additional 666,432 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 270.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 906,037 shares of the company’s stock worth $24,563,000 after acquiring an additional 661,194 shares during the period. FMR LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 4.3% in the fourth quarter. FMR LLC now owns 8,967,613 shares of the company’s stock worth $243,112,000 after acquiring an additional 370,365 shares during the period. KWB Wealth raised its position in shares of iShares MSCI Intl Value Factor ETF by 182.3% in the fourth quarter. KWB Wealth now owns 503,850 shares of the company’s stock worth $14,879,000 after acquiring an additional 325,390 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares MSCI Intl Value Factor ETF by 6.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock worth $141,492,000 after acquiring an additional 304,290 shares during the period.

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.