Ackerman Capital Advisors LLC Sells 7,787 Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Ackerman Capital Advisors LLC lowered its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 1.8% in the third quarter, Holdings Channel reports. The institutional investor owned 414,944 shares of the company’s stock after selling 7,787 shares during the period. iShares MSCI Intl Value Factor ETF makes up about 3.2% of Ackerman Capital Advisors LLC’s portfolio, making the stock its 8th largest position. Ackerman Capital Advisors LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $12,253,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVLU. Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI Intl Value Factor ETF by 1.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,730,969 shares of the company’s stock worth $404,216,000 after acquiring an additional 186,057 shares during the period. KWB Wealth acquired a new stake in shares of iShares MSCI Intl Value Factor ETF in the third quarter valued at approximately $4,897,000. OLD Mission Capital LLC boosted its stake in shares of iShares MSCI Intl Value Factor ETF by 598.9% in the first quarter. OLD Mission Capital LLC now owns 207,149 shares of the company’s stock valued at $5,848,000 after buying an additional 177,508 shares during the period. Cetera Investment Advisers acquired a new stake in iShares MSCI Intl Value Factor ETF during the first quarter worth approximately $4,027,000. Finally, Sanctuary Advisors LLC bought a new position in iShares MSCI Intl Value Factor ETF during the 2nd quarter worth $3,898,000.

iShares MSCI Intl Value Factor ETF Stock Performance

NYSEARCA:IVLU opened at $28.37 on Friday. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 9.61 and a beta of 0.70. iShares MSCI Intl Value Factor ETF has a fifty-two week low of $23.89 and a fifty-two week high of $29.92. The stock has a fifty day moving average price of $28.93 and a 200-day moving average price of $28.38.

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.