iShares International Equity Factor ETF (NYSEARCA:INTF) Sets New 52-Week High – What’s Next?

iShares International Equity Factor ETF (NYSEARCA:INTF)’s share price hit a new 52-week high on Thursday . The stock traded as high as $43.41 and last traded at $43.3990, with a volume of 100496 shares. The stock had previously closed at $42.83.

iShares International Equity Factor ETF Trading Up 1.3%

The firm has a market cap of $3.74 billion, a P/E ratio of 14.00 and a beta of 0.74. The firm’s 50 day moving average is $42.01 and its two-hundred day moving average is $41.06.

Institutional Trading of iShares International Equity Factor ETF

Several hedge funds have recently added to or reduced their stakes in the company. Shah Wealth Advisors LLC acquired a new stake in iShares International Equity Factor ETF in the second quarter valued at about $26,804,000. XML Financial LLC bought a new stake in shares of iShares International Equity Factor ETF in the 2nd quarter valued at $283,000. Orgel Wealth Management LLC increased its position in iShares International Equity Factor ETF by 7.8% in the 2nd quarter. Orgel Wealth Management LLC now owns 9,445 shares of the company’s stock valued at $387,000 after buying an additional 683 shares in the last quarter. Thrive Wealth Management LLC increased its stake in iShares International Equity Factor ETF by 48.8% during the 2nd quarter. Thrive Wealth Management LLC now owns 509,257 shares of the company’s stock valued at $20,859,000 after purchasing an additional 167,102 shares in the last quarter. Finally, Dala Group LLC bought a new stake in iShares International Equity Factor ETF during the 1st quarter worth approximately $319,000.

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.