Meridian Financial Partners LLC Purchases 179,379 Shares of iShares MSCI Intl Value Factor ETF $IVLU

Meridian Financial Partners LLC raised its position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 293.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 240,586 shares of the company’s stock after buying an additional 179,379 shares during the quarter. iShares MSCI Intl Value Factor ETF makes up approximately 3.6% of Meridian Financial Partners LLC’s portfolio, making the stock its 6th biggest position. Meridian Financial Partners LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $8,577,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hollencrest Capital Management acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the 2nd quarter valued at $46,000. Ameritas Advisory Services LLC acquired a new stake in iShares MSCI Intl Value Factor ETF during the 2nd quarter worth $59,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares MSCI Intl Value Factor ETF during the 2nd quarter worth $85,000. SOA Wealth Advisors LLC. purchased a new position in iShares MSCI Intl Value Factor ETF during the 2nd quarter worth $161,000. Finally, Wedmont Private Capital acquired a new position in iShares MSCI Intl Value Factor ETF in the third quarter valued at $207,000.

iShares MSCI Intl Value Factor ETF Stock Performance

Shares of NYSEARCA:IVLU opened at $38.28 on Wednesday. iShares MSCI Intl Value Factor ETF has a one year low of $26.41 and a one year high of $38.72. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 10.99 and a beta of 0.71. The company has a 50-day simple moving average of $37.00 and a 200-day simple moving average of $35.24.

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.