iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Decline in Short Interest
by Amy Steele · The Cerbat GemiShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU – Get Free Report) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 906,547 shares, a decrease of 31.1% from the January 29th total of 1,315,187 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 2,235,162 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 2,235,162 shares, the short-interest ratio is currently 0.4 days. Approximately 1.0% of the shares of the company are sold short.
Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in IVLU. Wealthfront Advisers LLC lifted its holdings in iShares MSCI Intl Value Factor ETF by 2.0% during the third quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock valued at $563,000 after purchasing an additional 314 shares in the last quarter. Savant Capital LLC lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 2.5% during the 2nd quarter. Savant Capital LLC now owns 14,536 shares of the company’s stock valued at $478,000 after buying an additional 354 shares in the last quarter. VestGen Advisors LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 1.8% in the 4th quarter. VestGen Advisors LLC now owns 21,105 shares of the company’s stock worth $803,000 after buying an additional 363 shares during the period. AE Wealth Management LLC increased its stake in iShares MSCI Intl Value Factor ETF by 21.4% in the 3rd quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock worth $74,000 after buying an additional 370 shares in the last quarter. Finally, Fiduciary Alliance LLC raised its holdings in iShares MSCI Intl Value Factor ETF by 5.3% during the fourth quarter. Fiduciary Alliance LLC now owns 7,629 shares of the company’s stock valued at $290,000 after acquiring an additional 381 shares during the period.
iShares MSCI Intl Value Factor ETF Trading Down 3.2%
NYSEARCA IVLU traded down $1.34 on Tuesday, hitting $40.68. 4,191,673 shares of the company traded hands, compared to its average volume of 1,737,198. The business’s 50 day moving average price is $40.49 and its 200-day moving average price is $37.64. iShares MSCI Intl Value Factor ETF has a 52-week low of $26.41 and a 52-week high of $43.06. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71.
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.