iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Large Volume Increase – Here’s Why
by Amy Steele · The Cerbat GemShares of iShares International Equity Factor ETF (NYSEARCA:INTF – Get Free Report) saw an uptick in trading volume on Tuesday . 300,915 shares were traded during trading, an increase of 14% from the previous session’s volume of 263,357 shares.The stock last traded at $40.62 and had previously closed at $40.34.
iShares International Equity Factor ETF Stock Up 1.3%
The firm has a 50-day simple moving average of $39.97 and a 200-day simple moving average of $38.68. The stock has a market cap of $3.40 billion, a PE ratio of 14.00 and a beta of 0.75.
Institutional Trading of iShares International Equity Factor ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of iShares International Equity Factor ETF by 27.7% in the first quarter. Royal Bank of Canada now owns 7,454 shares of the company’s stock worth $231,000 after buying an additional 1,619 shares in the last quarter. AQR Capital Management LLC raised its stake in iShares International Equity Factor ETF by 2.0% in the first quarter. AQR Capital Management LLC now owns 30,538 shares of the company’s stock valued at $942,000 after purchasing an additional 609 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of iShares International Equity Factor ETF by 199.8% during the 1st quarter. Jane Street Group LLC now owns 300,988 shares of the company’s stock valued at $9,282,000 after buying an additional 200,583 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in iShares International Equity Factor ETF in the second quarter worth approximately $28,000. Finally, Diversify Advisory Services LLC boosted its stake in shares of iShares International Equity Factor ETF by 30.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 59,350 shares of the company’s stock valued at $2,087,000 after purchasing an additional 13,817 shares in the last quarter.
About iShares International Equity Factor ETF
The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size. INTF was launched on Apr 28, 2015 and is managed by BlackRock.