iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Sees Large Decrease in Short Interest

iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 245,834 shares, a decrease of 63.7% from the April 15th total of 677,785 shares. Based on an average daily trading volume, of 796,547 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares MSCI Intl Value Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of IVLU. Brighton Jones LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the fourth quarter worth about $454,000. Royal Bank of Canada boosted its position in shares of iShares MSCI Intl Value Factor ETF by 45.1% in the first quarter. Royal Bank of Canada now owns 150,433 shares of the company’s stock worth $4,560,000 after buying an additional 46,755 shares during the period. AQR Capital Management LLC purchased a new position in iShares MSCI Intl Value Factor ETF in the first quarter valued at about $473,000. Goldman Sachs Group Inc. boosted its holdings in iShares MSCI Intl Value Factor ETF by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 242,315 shares of the company’s stock valued at $7,345,000 after purchasing an additional 8,276 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 43.7% in the second quarter. NewEdge Advisors LLC now owns 153,148 shares of the company’s stock valued at $5,037,000 after purchasing an additional 46,555 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Stock Down 1.8%

Shares of NYSEARCA IVLU traded down $0.76 on Friday, hitting $41.94. The company had a trading volume of 894,310 shares, compared to its average volume of 1,512,316. iShares MSCI Intl Value Factor ETF has a 12-month low of $31.60 and a 12-month high of $43.06. The business has a 50 day moving average of $40.62 and a two-hundred day moving average of $39.50. The firm has a market capitalization of $4.03 billion, a P/E ratio of 10.99 and a beta of 0.61.

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.