Truist Financial Corp Cuts Stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Truist Financial Corp reduced its stake in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 0.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 103,710 shares of the company’s stock after selling 676 shares during the period. Truist Financial Corp’s holdings in iShares MSCI Intl Value Factor ETF were worth $2,812,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IVLU. JPMorgan Chase & Co. grew its holdings in iShares MSCI Intl Value Factor ETF by 11.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,776,764 shares of the company’s stock valued at $111,528,000 after buying an additional 400,792 shares in the last quarter. KWB Wealth grew its holdings in shares of 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 valued at $14,879,000 after purchasing an additional 325,390 shares in the last quarter. Savvy Advisors Inc. grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 226.0% in the third quarter. Savvy Advisors Inc. now owns 386,079 shares of the company’s stock valued at $11,401,000 after purchasing an additional 267,655 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 89.9% in the fourth quarter. Park Avenue Securities LLC now owns 213,979 shares of the company’s stock valued at $5,801,000 after purchasing an additional 101,273 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 0.8% in the third 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 in the last quarter.

iShares MSCI Intl Value Factor ETF Stock Performance

IVLU stock opened at $29.76 on Wednesday. The firm has a fifty day moving average price of $27.87 and a 200 day moving average price of $28.29. iShares MSCI Intl Value Factor ETF has a fifty-two week low of $25.97 and a fifty-two week high of $29.92. The firm has a market cap of $1.96 billion, a PE ratio of 11.32 and a beta of 0.80.

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.