iShares International Equity Factor ETF (NYSEARCA:INTF) Sees Strong Trading Volume – Here’s What Happened

iShares International Equity Factor ETF (NYSEARCA:INTF) shares saw an uptick in trading volume on Friday . 349,810 shares changed hands during mid-day trading, an increase of 172% from the previous session’s volume of 128,536 shares.The stock last traded at $30.03 and had previously closed at $30.19.

iShares International Equity Factor ETF Stock Down 1.0 %

The company’s fifty day moving average price is $29.35 and its two-hundred day moving average price is $29.93. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 13.65 and a beta of 0.81.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Kestra Investment Management LLC grew its position in iShares International Equity Factor ETF by 2.2% in the fourth quarter. Kestra Investment Management LLC now owns 1,229,373 shares of the company’s stock valued at $35,308,000 after purchasing an additional 26,299 shares in the last quarter. Avestar Capital LLC increased its holdings in iShares International Equity Factor ETF by 120.1% during the fourth quarter. Avestar Capital LLC now owns 152,308 shares of the company’s stock worth $4,374,000 after buying an additional 83,109 shares during the last quarter. Stratos Investment Management LLC bought a new stake in iShares International Equity Factor ETF during the fourth quarter worth $1,956,000. Archer Investment Management LLC bought a new position in shares of iShares International Equity Factor ETF in the 4th quarter valued at about $1,383,000. Finally, Magnolia Capital Advisors LLC increased its stake in shares of iShares International Equity Factor ETF by 5.3% during the 4th quarter. Magnolia Capital Advisors LLC now owns 19,141 shares of the company’s stock worth $550,000 after purchasing an additional 955 shares during the last quarter.

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.