iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 836,211 shares of the company’s stock after selling 3,083 shares during the quarter. iShares MSCI Intl Value Factor ETF makes up about 1.9% of Freedom Investment Management Inc.’s investment portfolio, making the stock its 5th biggest position. Freedom Investment Management Inc.’s holdings in iShares MSCI Intl Value Factor ETF were worth $22,670,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI Intl Value Factor ETF by 342.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock worth $44,000 after buying an additional 1,261 shares during the last quarter. Wells Fargo & Company MN boosted its stake in iShares MSCI Intl Value Factor ETF by 248,000.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,481 shares of the company’s stock valued at $67,000 after acquiring an additional 2,480 shares during the period. Bruce G. Allen Investments LLC acquired a new stake in shares of iShares MSCI Intl Value Factor ETF during the 4th quarter worth approximately $78,000. Smartleaf Asset Management LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 136.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,318 shares of the company’s stock worth $90,000 after purchasing an additional 1,915 shares during the last quarter. Finally, Smithfield Trust Co lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 183.2% in the 4th quarter. Smithfield Trust Co now owns 3,546 shares of the company’s stock worth $96,000 after purchasing an additional 2,294 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of NYSEARCA IVLU opened at $29.76 on Friday. The firm has a market capitalization of $1.96 billion, a PE ratio of 10.76 and a beta of 0.67. iShares MSCI Intl Value Factor ETF has a 1-year low of $25.97 and a 1-year high of $31.68. The business’s fifty day moving average price is $29.75 and its two-hundred day moving average price is $28.60.

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.