iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Strong Trading Volume – Here’s Why

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) shares saw unusually-high trading volume on Tuesday . Approximately 548,887 shares changed hands during mid-day trading, an increase of 74% from the previous session’s volume of 314,567 shares.The stock last traded at $31.27 and had previously closed at $31.02.

iShares MSCI Intl Value Factor ETF Price Performance

The firm has a market capitalization of $1.99 billion, a P/E ratio of 11.86 and a beta of 0.78. The company has a fifty day moving average of $29.41 and a 200 day moving average of $28.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Intl Value Factor ETF by 17.6% during the 4th quarter. JPMorgan Chase & Co. now owns 4,443,196 shares of the company’s stock valued at $120,455,000 after acquiring an additional 666,432 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in 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 in the last quarter. FMR LLC grew its stake in 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 valued at $243,112,000 after acquiring an additional 370,365 shares during the period. KWB Wealth increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 182.3% during the fourth quarter. KWB Wealth now owns 503,850 shares of the company’s stock valued at $14,879,000 after acquiring an additional 325,390 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in iShares MSCI Intl Value Factor ETF by 6.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,219,190 shares of the company’s stock valued at $141,492,000 after purchasing an additional 304,290 shares during the period.

iShares MSCI Intl Value Factor ETF Company Profile

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.