Valmark Advisers Inc. Trims Holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Valmark Advisers Inc. decreased its stake in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 6.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,827 shares of the company’s stock after selling 610 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares MSCI Intl Value Factor ETF were worth $268,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IVLU. Brighton Jones LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth approximately $454,000. Private Advisor Group LLC lifted its position in iShares MSCI Intl Value Factor ETF by 8.9% during the fourth quarter. Private Advisor Group LLC now owns 18,400 shares of the company’s stock worth $499,000 after buying an additional 1,510 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth approximately $155,000. WealthShield Partners LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth approximately $121,000. Finally, FFT Wealth Management LLC raised its position in iShares MSCI Intl Value Factor ETF by 34.3% in the fourth quarter. FFT Wealth Management LLC now owns 16,822 shares of the company’s stock valued at $456,000 after purchasing an additional 4,299 shares during the period.

iShares MSCI Intl Value Factor ETF Stock Down 0.6%

NYSEARCA:IVLU opened at $32.25 on Thursday. iShares MSCI Intl Value Factor ETF has a 52 week low of $25.97 and a 52 week high of $33.45. The company has a market capitalization of $2.20 billion, a P/E ratio of 11.69 and a beta of 0.70. The stock’s fifty day moving average is $32.04 and its two-hundred day moving average is $29.85.

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.