Merit Financial Group LLC Has $488,000 Stock Position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Merit Financial Group LLC boosted its holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 15.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,418 shares of the company’s stock after purchasing an additional 2,532 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $488,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Addison Advisors LLC bought a new position in iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at $26,000. Cape Investment Advisory Inc. raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 40.0% in the third 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 during the last quarter. Howe & Rusling Inc. acquired a new position in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth about $46,000. O Shaughnessy Asset Management LLC lifted its position in iShares MSCI Intl Value Factor ETF by 22.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 6,045 shares of the company’s stock worth $153,000 after buying an additional 1,114 shares in the last quarter. Finally, MA Private Wealth bought a new stake in iShares MSCI Intl Value Factor ETF during the 4th quarter worth about $208,000.

iShares MSCI Intl Value Factor ETF Trading Up 0.0 %

Shares of NYSEARCA IVLU opened at $28.53 on Wednesday. iShares MSCI Intl Value Factor ETF has a 1-year low of $23.89 and a 1-year high of $28.60. The company has a 50-day moving average of $27.82 and a two-hundred day moving average of $26.63. The company has a market cap of $1.77 billion, a PE ratio of 9.33 and a beta of 0.69.

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.