Red Wave Investments LLC Cuts Holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Red Wave Investments LLC trimmed its position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,459 shares of the company’s stock after selling 1,732 shares during the quarter. Red Wave Investments LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $1,666,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in iShares MSCI Intl Value Factor ETF by 11.9% during the third quarter. JPMorgan Chase & Co. now owns 3,776,764 shares of the company’s stock valued at $111,528,000 after purchasing an additional 400,792 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 4.9% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 8,548 shares of the company’s stock valued at $252,000 after acquiring an additional 400 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 11.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 16,064 shares of the company’s stock valued at $474,000 after acquiring an additional 1,640 shares during the last quarter. Lauterbach Financial Advisors LLC grew its position in iShares MSCI Intl Value Factor ETF by 3.5% in the third quarter. Lauterbach Financial Advisors LLC now owns 14,603 shares of the company’s stock worth $431,000 after acquiring an additional 494 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in iShares MSCI Intl Value Factor ETF by 13.4% during the third quarter. EP Wealth Advisors LLC now owns 4,775 shares of the company’s stock worth $141,000 after acquiring an additional 564 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock opened at $29.23 on Friday. The company has a market cap of $1.92 billion, a PE ratio of 11.32 and a beta of 0.80. iShares MSCI Intl Value Factor ETF has a 1 year low of $25.97 and a 1 year high of $29.92. The stock’s 50 day simple moving average is $27.77 and its two-hundred day simple moving average is $28.22.

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.