iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Short Interest Update

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 518,736 shares, a decline of 50.0% from the August 31st total of 1,036,744 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily volume of 918,117 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Baer Investment Advisory LLC purchased a new stake in iShares MSCI Intl Value Factor ETF in the first quarter valued at $24,840,000. Bank of America Corp DE increased its position in shares of iShares MSCI Intl Value Factor ETF by 29.4% during the first quarter. Bank of America Corp DE now owns 1,602,510 shares of the company’s stock worth $63,588,000 after purchasing an additional 364,240 shares in the last quarter. Royal Bank of Canada increased its position in shares of iShares MSCI Intl Value Factor ETF by 256.2% during the first quarter. Royal Bank of Canada now owns 409,362 shares of the company’s stock worth $16,243,000 after purchasing an additional 294,422 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the 4th quarter valued at about $10,413,000. Finally, Erste Asset Management GmbH lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 129.3% in the 4th quarter. Erste Asset Management GmbH now owns 419,300 shares of the company’s stock valued at $15,954,000 after purchasing an additional 236,400 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Stock Performance

Shares of IVLU stock traded down $0.41 during trading hours on Tuesday, reaching $43.15. The company had a trading volume of 29,861 shares, compared to its average volume of 1,179,180. iShares MSCI Intl Value Factor ETF has a 12-month low of $34.69 and a 12-month high of $45.09. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 10.99 and a beta of 0.62. The stock has a fifty day moving average of $43.95 and a 200-day moving average of $42.38.

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.