iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Strong Trading Volume – Time to Buy?

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw strong trading volume on Tuesday . 548,887 shares traded 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 Stock Up 0.9 %

The company has a market capitalization of $2.01 billion, a P/E ratio of 11.86 and a beta of 0.78. The company has a 50-day moving average of $29.25 and a two-hundred day moving average of $28.56.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IVLU. Nwam LLC bought a new stake in iShares MSCI Intl Value Factor ETF in the 3rd quarter worth approximately $442,000. Cerity Partners LLC grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 5.6% in the third quarter. Cerity Partners LLC now owns 15,943 shares of the company’s stock worth $471,000 after acquiring an additional 840 shares during the period. FMR LLC increased its position in iShares MSCI Intl Value Factor ETF by 0.8% during the third quarter. FMR LLC now owns 8,597,248 shares of the company’s stock valued at $253,877,000 after acquiring an additional 71,420 shares during the last quarter. Townsquare Capital LLC bought a new position in iShares MSCI Intl Value Factor ETF in the third quarter valued at about $403,000. Finally, Freedom Investment Management Inc. boosted its position in iShares MSCI Intl Value Factor ETF by 4.7% in the third quarter. Freedom Investment Management Inc. now owns 839,294 shares of the company’s stock worth $24,784,000 after purchasing an additional 37,469 shares during the last quarter.

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.