Sagespring Wealth Partners LLC Trims Stake in iShares MSCI Intl Value Factor ETF $IVLU

Sagespring Wealth Partners LLC cut its position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 11.1% in the fourth quarter, Holdings Channel reports. The firm owned 109,008 shares of the company’s stock after selling 13,567 shares during the period. Sagespring Wealth Partners LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $4,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IVLU. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI Intl Value Factor ETF by 4.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 16,052,538 shares of the company’s stock worth $569,544,000 after buying an additional 733,152 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Intl Value Factor ETF by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 4,736,666 shares of the company’s stock valued at $168,057,000 after acquiring an additional 58,090 shares during the period. Bank of America Corp DE grew its position in shares of iShares MSCI Intl Value Factor ETF by 19.3% during the third quarter. Bank of America Corp DE now owns 1,092,701 shares of the company’s stock worth $38,769,000 after acquiring an additional 176,973 shares during the last quarter. Focus Partners Wealth grew its position in shares of iShares MSCI Intl Value Factor ETF by 2.7% during the third quarter. Focus Partners Wealth now owns 1,043,659 shares of the company’s stock worth $37,030,000 after acquiring an additional 27,151 shares during the last quarter. Finally, Savvy Advisors Inc. increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 23.6% in the 3rd quarter. Savvy Advisors Inc. now owns 830,624 shares of the company’s stock valued at $29,471,000 after acquiring an additional 158,491 shares during the period.

iShares MSCI Intl Value Factor ETF Price Performance

IVLU stock opened at $37.98 on Friday. The company has a fifty day moving average price of $40.79 and a 200 day moving average price of $38.01. iShares MSCI Intl Value Factor ETF has a 12 month low of $26.41 and a 12 month high of $43.06. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71.

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.