iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sets New 1-Year High – Here’s Why

Shares of iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $46.22 and last traded at $46.17, with a volume of 3676 shares. The stock had previously closed at $46.03.

iShares International Small Cap Equity Factor ETF Trading Up 0.7%

The stock’s 50 day moving average is $44.28 and its 200 day moving average is $44.11. The stock has a market capitalization of $688.53 million, a price-to-earnings ratio of 13.31 and a beta of 0.81.

Hedge Funds Weigh In On iShares International Small Cap Equity Factor ETF

A number of hedge funds have recently made changes to their positions in ISCF. Janney Montgomery Scott LLC boosted its stake in iShares International Small Cap Equity Factor ETF by 23.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 257,086 shares of the company’s stock valued at $10,744,000 after purchasing an additional 48,323 shares in the last quarter. Stillwater Private Wealth LLC bought a new stake in shares of iShares International Small Cap Equity Factor ETF in the 1st quarter worth $1,435,000. JPMorgan Chase & Co. raised its stake in shares of iShares International Small Cap Equity Factor ETF by 2,083.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock worth $453,000 after buying an additional 10,521 shares in the last quarter. Financial Freedom LLC lifted its holdings in shares of iShares International Small Cap Equity Factor ETF by 28.0% in the fourth quarter. Financial Freedom LLC now owns 38,673 shares of the company’s stock valued at $1,604,000 after buying an additional 8,449 shares during the period. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of iShares International Small Cap Equity Factor ETF in the first quarter valued at $196,000.

iShares International Small Cap Equity Factor ETF Company Profile

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.