iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Reaches New 52-Week High – Should You Buy?
by Kim Johansen · The Markets DailyiShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $38.75 and last traded at $38.7550, with a volume of 439229 shares changing hands. The stock had previously closed at $38.51.
iShares MSCI Intl Value Factor ETF Price Performance
The firm has a fifty day simple moving average of $37.30 and a two-hundred day simple moving average of $35.49. The firm has a market capitalization of $3.21 billion, a P/E ratio of 10.99 and a beta of 0.71.
Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF
Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 18.7% in the second quarter. JPMorgan Chase & Co. now owns 4,678,576 shares of the company’s stock worth $153,878,000 after acquiring an additional 736,159 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Intl Value Factor ETF by 4.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 16,052,538 shares of the company’s stock valued at $569,544,000 after purchasing an additional 733,152 shares during the period. EP Wealth Advisors LLC lifted its holdings in iShares MSCI Intl Value Factor ETF by 9,998.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 606,588 shares of the company’s stock worth $19,951,000 after purchasing an additional 600,581 shares in the last quarter. Victory Financial Group LLC purchased a new stake in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth about $20,403,000. Finally, TLT Family Holdco ULC bought a new position in iShares MSCI Intl Value Factor ETF in the 2nd quarter worth about $13,436,000.
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.