Prosperity Planning Inc. Cuts Stock Holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Prosperity Planning Inc. reduced its stake in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 9.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,060 shares of the company’s stock after selling 16,271 shares during the period. iShares MSCI Intl Value Factor ETF accounts for about 1.4% of Prosperity Planning Inc.’s holdings, making the stock its 20th biggest position. Prosperity Planning Inc. owned about 0.26% of iShares MSCI Intl Value Factor ETF worth $4,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IVLU. JPMorgan Chase & Co. grew its position in shares of iShares MSCI Intl Value Factor ETF by 11.9% during the third quarter. JPMorgan Chase & Co. now owns 3,776,764 shares of the company’s stock worth $111,528,000 after buying an additional 400,792 shares in the last quarter. KWB Wealth increased its position in iShares MSCI Intl Value Factor ETF by 182.3% in the fourth quarter. KWB Wealth now owns 503,850 shares of the company’s stock worth $14,879,000 after buying an additional 325,390 shares during the period. Savvy Advisors Inc. grew its position in shares of iShares MSCI Intl Value Factor ETF by 226.0% during the third quarter. Savvy Advisors Inc. now owns 386,079 shares of the company’s stock worth $11,401,000 after acquiring an additional 267,655 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares MSCI Intl Value Factor ETF by 1.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,730,969 shares of the company’s stock valued at $404,216,000 after purchasing an additional 186,057 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in iShares MSCI Intl Value Factor ETF during the 2nd quarter valued at about $3,898,000.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock opened at $27.31 on Tuesday. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 9.61 and a beta of 0.70. iShares MSCI Intl Value Factor ETF has a 12-month low of $25.85 and a 12-month high of $29.92. The business has a 50 day simple moving average of $27.51 and a 200 day simple moving average of $28.18.

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.