Modern Wealth Management LLC Reduces Position in iShares International Equity Factor ETF $INTF

Modern Wealth Management LLC trimmed its stake in iShares International Equity Factor ETF (NYSEARCA:INTF) by 2.9% in the second quarter, HoldingsChannel.com reports. The fund owned 750,747 shares of the company’s stock after selling 22,421 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares International Equity Factor ETF were worth $25,698,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sovran Advisors LLC purchased a new position in shares of iShares International Equity Factor ETF during the second quarter valued at approximately $208,000. Avestar Capital LLC raised its holdings in iShares International Equity Factor ETF by 28.8% in the 2nd quarter. Avestar Capital LLC now owns 145,907 shares of the company’s stock valued at $4,994,000 after acquiring an additional 32,668 shares during the last quarter. LPL Financial LLC raised its holdings in iShares International Equity Factor ETF by 24.4% in the 1st quarter. LPL Financial LLC now owns 89,640 shares of the company’s stock valued at $2,764,000 after acquiring an additional 17,585 shares during the last quarter. Seascape Capital Management lifted its stake in shares of iShares International Equity Factor ETF by 2.4% during the 2nd quarter. Seascape Capital Management now owns 13,851 shares of the company’s stock worth $474,000 after purchasing an additional 321 shares during the period. Finally, Weil Company Inc. boosted its holdings in shares of iShares International Equity Factor ETF by 16.6% during the second quarter. Weil Company Inc. now owns 412,946 shares of the company’s stock worth $14,135,000 after purchasing an additional 58,815 shares during the last quarter.

iShares International Equity Factor ETF Stock Down 0.5%

Shares of NYSEARCA:INTF opened at $37.69 on Friday. The company has a market cap of $2.82 billion, a P/E ratio of 14.00 and a beta of 0.81. iShares International Equity Factor ETF has a 52 week low of $27.30 and a 52 week high of $37.92. The business has a fifty day simple moving average of $36.55 and a 200-day simple moving average of $35.37.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF (INTF) is an exchange-traded fund that is based on the STOXX International Equity Factor index. The fund tracks an index of large- and mid-cap equities in developed markets outside the US. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size.