Patriot Financial Group Insurance Agency LLC Purchases 7,795 Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Patriot Financial Group Insurance Agency LLC grew its position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 91.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,343 shares of the company’s stock after purchasing an additional 7,795 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $443,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVLU. Assetmark Inc. purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $57,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $66,000. Transcendent Capital Group LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $67,000. Bruce G. Allen Investments LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF during the fourth quarter valued at approximately $78,000. Finally, EP Wealth Advisors LLC grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 14.2% during the second quarter. EP Wealth Advisors LLC now owns 4,211 shares of the company’s stock valued at $116,000 after buying an additional 524 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Price Performance

NYSEARCA:IVLU opened at $28.11 on Thursday. The company’s 50 day moving average price is $27.52 and its 200-day moving average price is $28.16. iShares MSCI Intl Value Factor ETF has a 52 week low of $25.85 and a 52 week high of $29.92. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 9.61 and a beta of 0.70.

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.