Goodwin Investment Advisory Trims Stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Goodwin Investment Advisory reduced its stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 20.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,409 shares of the company’s stock after selling 2,478 shares during the period. Goodwin Investment Advisory’s holdings in iShares MSCI Intl Value Factor ETF were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IVLU. Addison Advisors LLC purchased a new position in shares of iShares MSCI Intl Value Factor ETF during the 3rd quarter worth approximately $26,000. Cape Investment Advisory Inc. increased its position in iShares MSCI Intl Value Factor ETF by 40.0% during the 3rd quarter. Cape Investment Advisory Inc. now owns 1,525 shares of the company’s stock valued at $39,000 after buying an additional 436 shares in the last quarter. Howe & Rusling Inc. purchased a new position in iShares MSCI Intl Value Factor ETF during the third quarter valued at $46,000. Resurgent Financial Advisors LLC bought a new stake in iShares MSCI Intl Value Factor ETF in the fourth quarter worth $47,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the first quarter worth $49,000.

iShares MSCI Intl Value Factor ETF Stock Performance

Shares of IVLU traded up $0.06 during trading hours on Wednesday, hitting $27.27. The company had a trading volume of 388,581 shares, compared to its average volume of 314,750. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 9.49 and a beta of 0.70. The firm has a fifty day moving average price of $27.39 and a 200-day moving average price of $26.31. iShares MSCI Intl Value Factor ETF has a 52-week low of $23.89 and a 52-week high of $28.58.

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.