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

Red Wave Investments LLC decreased its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,459 shares of the company’s stock after selling 1,732 shares during the period. Red Wave Investments LLC owned 0.10% of iShares MSCI Intl Value Factor ETF worth $1,666,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. FMR LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 0.8% during the 3rd quarter. FMR LLC now owns 8,597,248 shares of the company’s stock valued at $253,877,000 after purchasing an additional 71,420 shares during the period. JPMorgan Chase & Co. raised its holdings 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 acquiring an additional 400,792 shares during the period. Freedom Investment Management Inc. lifted its position in shares of iShares MSCI Intl Value Factor ETF by 4.7% in the third quarter. Freedom Investment Management Inc. now owns 839,294 shares of the company’s stock valued at $24,784,000 after acquiring an additional 37,469 shares in the last quarter. Kathmere Capital Management LLC boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 5.1% in the fourth quarter. Kathmere Capital Management LLC now owns 803,824 shares of the company’s stock worth $21,792,000 after acquiring an additional 38,908 shares during the period. Finally, Armbruster Capital Management Inc. grew its position in shares of iShares MSCI Intl Value Factor ETF by 2.0% during the fourth quarter. Armbruster Capital Management Inc. now owns 676,969 shares of the company’s stock worth $18,353,000 after purchasing an additional 13,421 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Trading Down 0.5 %

Shares of IVLU opened at $29.23 on Friday. The business’s 50 day moving average is $27.77 and its 200 day moving average is $28.22. iShares MSCI Intl Value Factor ETF has a 12-month low of $25.97 and a 12-month high of $29.92. The company has a market capitalization of $1.92 billion, a PE ratio of 11.32 and a beta of 0.80.

iShares MSCI Intl Value Factor ETF 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.