Lee Danner & Bass Inc. Makes New $117,000 Investment in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Lee Danner & Bass Inc. bought a new position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,300 shares of the company’s stock, valued at approximately $117,000.

A number of other hedge funds also recently added to or reduced their stakes in IVLU. Nwam LLC acquired a new stake in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth approximately $442,000. Cerity Partners LLC lifted its holdings in iShares MSCI Intl Value Factor ETF by 5.6% during the 3rd quarter. Cerity Partners LLC now owns 15,943 shares of the company’s stock worth $471,000 after buying an additional 840 shares in the last quarter. FMR LLC increased its position in shares of iShares MSCI Intl Value Factor ETF by 0.8% in the 3rd quarter. FMR LLC now owns 8,597,248 shares of the company’s stock valued at $253,877,000 after purchasing an additional 71,420 shares during the last quarter. Townsquare Capital LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at approximately $403,000. Finally, Freedom Investment Management Inc. increased its position in shares of iShares MSCI Intl Value Factor ETF by 4.7% in the 3rd quarter. Freedom Investment Management Inc. now owns 839,294 shares of the company’s stock valued at $24,784,000 after purchasing an additional 37,469 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Trading Down 0.6 %

Shares of NYSEARCA:IVLU opened at $31.05 on Friday. iShares MSCI Intl Value Factor ETF has a 52 week low of $25.97 and a 52 week high of $31.68. The company’s 50 day moving average is $29.16 and its two-hundred day moving average is $28.55. The company has a market cap of $2.04 billion, a PE ratio of 11.43 and a beta of 0.78.

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.