iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sees Large Volume Increase – Here’s What Happened

iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) shares saw unusually-high trading volume on Wednesday. Approximately 164,666 shares traded hands during mid-day trading, an increase of 198% from the previous session’s volume of 55,222 shares. The stock last traded at $44.3540 and had previously closed at $44.30.

iShares International Small Cap Equity Factor ETF Stock Performance

The firm’s 50-day moving average is $45.14 and its two-hundred day moving average is $44.57. The stock has a market cap of $701.28 million, a P/E ratio of 13.31 and a beta of 0.81.

Institutional Investors Weigh In On iShares International Small Cap Equity Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares International Small Cap Equity Factor ETF during the third quarter worth $93,000. Stillwater Private Wealth LLC acquired a new position in shares of iShares International Small Cap Equity Factor ETF during the first quarter valued at $1,435,000. Bank of New York Mellon Corp boosted its holdings in iShares International Small Cap Equity Factor ETF by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 36,038 shares of the company’s stock valued at $1,506,000 after acquiring an additional 774 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in iShares International Small Cap Equity Factor ETF in the first quarter valued at about $196,000. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares International Small Cap Equity Factor ETF by 23.1% in the first quarter. Janney Montgomery Scott LLC now owns 257,086 shares of the company’s stock valued at $10,744,000 after acquiring an additional 48,323 shares during the last quarter.

About iShares International Small Cap Equity Factor ETF

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.