iShares MSCI Intl Value Factor ETF $IVLU Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 98.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 216,319 shares of the company’s stock after selling 15,836,219 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI Intl Value Factor ETF were worth $8,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Meridian Financial Partners LLC increased its holdings in shares of iShares MSCI Intl Value Factor ETF by 37.4% in the fourth quarter. Meridian Financial Partners LLC now owns 330,579 shares of the company’s stock valued at $13,031,000 after purchasing an additional 89,993 shares during the period. Western Wealth Management LLC lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 9.8% in the 4th quarter. Western Wealth Management LLC now owns 9,070 shares of the company’s stock worth $345,000 after acquiring an additional 810 shares during the period. Allworth Financial LP increased its stake in shares of iShares MSCI Intl Value Factor ETF by 1.4% during the fourth quarter. Allworth Financial LP now owns 52,600 shares of the company’s stock worth $2,001,000 after acquiring an additional 745 shares during the period. World Investment Advisors raised its holdings in iShares MSCI Intl Value Factor ETF by 20.4% during the fourth quarter. World Investment Advisors now owns 61,362 shares of the company’s stock worth $2,333,000 after purchasing an additional 10,403 shares in the last quarter. Finally, LJI Wealth Management LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth about $572,000.

iShares MSCI Intl Value Factor ETF Stock Down 0.1%

NYSEARCA IVLU opened at $42.66 on Friday. The stock has a market capitalization of $4.10 billion, a P/E ratio of 10.99 and a beta of 0.61. iShares MSCI Intl Value Factor ETF has a 52-week low of $31.60 and a 52-week high of $43.06. The firm has a 50-day moving average price of $40.87 and a 200 day moving average price of $39.72.

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.