KWB Wealth Sells 240,497 Shares of iShares MSCI Intl Value Factor ETF $IVLU

KWB Wealth trimmed its holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 41.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 336,260 shares of the company’s stock after selling 240,497 shares during the period. iShares MSCI Intl Value Factor ETF accounts for about 1.2% of KWB Wealth’s portfolio, making the stock its 25th biggest holding. KWB Wealth owned approximately 0.33% of iShares MSCI Intl Value Factor ETF worth $14,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVLU. Root Financial Partners LLC increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 98.9% during the 1st quarter. Root Financial Partners LLC now owns 893 shares of the company’s stock worth $35,000 after acquiring an additional 444 shares during the last quarter. Legacy Wealth Managment LLC ID lifted its holdings in iShares MSCI Intl Value Factor ETF by 1,024.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 877 shares of the company’s stock valued at $35,000 after purchasing an additional 799 shares during the last quarter. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at $38,000. Rothschild Investment LLC boosted its position in iShares MSCI Intl Value Factor ETF by 53.2% during the fourth quarter. Rothschild Investment LLC now owns 1,195 shares of the company’s stock worth $45,000 after purchasing an additional 415 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in iShares MSCI Intl Value Factor ETF by 174.6% during the third quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after purchasing an additional 1,046 shares during the period.

iShares MSCI Intl Value Factor ETF Price Performance

NYSEARCA:IVLU opened at $44.07 on Tuesday. The company has a market cap of $4.51 billion, a P/E ratio of 10.99 and a beta of 0.62. The firm’s fifty day moving average price is $42.57 and its two-hundred day moving average price is $41.69. iShares MSCI Intl Value Factor ETF has a one year low of $34.21 and a one year high of $44.49.

About iShares MSCI Intl Value Factor ETF

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.