Modern Wealth Management LLC Has $26.68 Million Stake in iShares International Equity Factor ETF $INTF

Modern Wealth Management LLC lowered its holdings in iShares International Equity Factor ETF (NYSEARCA:INTF) by 11.1% in the first quarter, Holdings Channel reports. The firm owned 673,114 shares of the company’s stock after selling 84,393 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares International Equity Factor ETF were worth $26,676,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new stake in iShares International Equity Factor ETF during the 2nd quarter worth about $28,000. Legacy Wealth Managment LLC ID boosted its stake in shares of iShares International Equity Factor ETF by 1,981.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 791 shares of the company’s stock worth $31,000 after buying an additional 753 shares during the last quarter. Johnson Financial Group Inc. bought a new position in shares of iShares International Equity Factor ETF in the 1st quarter valued at about $32,000. Arax Advisory Partners bought a new position in shares of iShares International Equity Factor ETF in the 4th quarter valued at about $34,000. Finally, Maseco LLP acquired a new stake in shares of iShares International Equity Factor ETF in the fourth quarter valued at about $53,000.

iShares International Equity Factor ETF Stock Performance

INTF opened at $41.03 on Friday. iShares International Equity Factor ETF has a 52-week low of $33.53 and a 52-week high of $41.97. The firm has a market capitalization of $3.54 billion, a PE ratio of 14.00 and a beta of 0.74. The business’s 50-day simple moving average is $41.18 and its 200 day simple moving average is $40.43.

iShares International Equity Factor ETF Profile

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. INTF was launched on Apr 28, 2015 and is managed by BlackRock.