FFT Wealth Management LLC Decreases Position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

FFT Wealth Management LLC reduced its stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 78.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,344 shares of the company’s stock after selling 1,572,381 shares during the period. iShares MSCI Intl Value Factor ETF accounts for about 1.0% of FFT Wealth Management LLC’s holdings, making the stock its 19th biggest position. FFT Wealth Management LLC owned 0.67% of iShares MSCI Intl Value Factor ETF worth $11,753,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 16.1% in the third quarter. JPMorgan Chase & Co. now owns 4,386,824 shares of the company’s stock valued at $111,246,000 after buying an additional 609,911 shares during the last quarter. Armbruster Capital Management Inc. lifted its position in shares of iShares MSCI Intl Value Factor ETF by 1.1% during the 4th quarter. Armbruster Capital Management Inc. now owns 705,765 shares of the company’s stock valued at $18,710,000 after acquiring an additional 7,550 shares during the period. FMR LLC raised its holdings in iShares MSCI Intl Value Factor ETF by 3.6% during the third quarter. FMR LLC now owns 8,204,260 shares of the company’s stock worth $208,060,000 after purchasing an additional 286,621 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI Intl Value Factor ETF in the third quarter valued at $439,000. Finally, Robertson Stephens Wealth Management LLC grew its stake in iShares MSCI Intl Value Factor ETF by 41.2% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 93,724 shares of the company’s stock valued at $2,377,000 after acquiring an additional 27,325 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Stock Performance

NYSEARCA:IVLU traded down $0.10 during mid-day trading on Wednesday, hitting $27.72. 198,003 shares of the company’s stock traded hands, compared to its average volume of 307,104. iShares MSCI Intl Value Factor ETF has a 1 year low of $23.89 and a 1 year high of $28.58. The company has a market cap of $1.72 billion, a PE ratio of 9.33 and a beta of 0.69. The firm’s 50 day simple moving average is $27.68 and its 200 day simple moving average is $26.51.

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.