iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 1-Year High – Here’s What Happened
by Jessica Moore · The Cerbat GemiShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.12 and last traded at $41.0570, with a volume of 260850 shares trading hands. The stock had previously closed at $40.85.
iShares MSCI Intl Value Factor ETF Price Performance
The company has a market cap of $3.59 billion, a PE ratio of 10.99 and a beta of 0.71. The business has a fifty day simple moving average of $38.56 and a two-hundred day simple moving average of $36.38.
Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF
A number of large investors have recently added to or reduced their stakes in IVLU. Hollencrest Capital Management bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 2nd quarter valued at about $46,000. Fifth Third Bancorp purchased a new stake in iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $56,000. Russell Investments Group Ltd. boosted its stake in iShares MSCI Intl Value Factor ETF by 174.6% in the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock valued at $58,000 after acquiring an additional 1,046 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in iShares MSCI Intl Value Factor ETF in the third quarter worth $58,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF during the second quarter worth $59,000.
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.