Shah Wealth Advisors LLC Acquires New Shares in iShares International Equity Factor ETF $INTF

Shah Wealth Advisors LLC acquired a new position in iShares International Equity Factor ETF (NYSEARCA:INTF) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 654,401 shares of the company’s stock, valued at approximately $26,804,000. iShares International Equity Factor ETF accounts for 6.2% of Shah Wealth Advisors LLC’s portfolio, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTF. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares International Equity Factor ETF by 10.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 19,066,471 shares of the company’s stock valued at $719,759,000 after purchasing an additional 1,823,907 shares during the last quarter. Strategic Financial Services Inc. increased its position in shares of iShares International Equity Factor ETF by 1.1% during the fourth quarter. Strategic Financial Services Inc. now owns 8,690,116 shares of the company’s stock valued at $352,297,000 after acquiring an additional 91,662 shares during the last quarter. Halbert Hargrove Global Advisors LLC increased its holdings in iShares International Equity Factor ETF by 0.3% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,339,669 shares of the company’s stock worth $130,114,000 after purchasing an additional 8,796 shares during the period. Invesco Ltd. raised its holdings in iShares International Equity Factor ETF by 25.4% in the third quarter. Invesco Ltd. now owns 3,160,000 shares of the company’s stock valued at $113,476,000 after acquiring an additional 640,000 shares in the last quarter. Finally, Tolleson Wealth Management Inc. lifted its position in shares of iShares International Equity Factor ETF by 4.3% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,851,077 shares of the company’s stock worth $97,592,000 after purchasing an additional 118,649 shares during the last quarter.

iShares International Equity Factor ETF Stock Performance

NYSEARCA:INTF opened at $43.41 on Friday. iShares International Equity Factor ETF has a 1 year low of $35.35 and a 1 year high of $43.49. The stock has a market cap of $3.75 billion, a P/E ratio of 14.00 and a beta of 0.75. The stock has a 50-day simple moving average of $42.11 and a 200-day simple moving average of $41.09.

iShares International Equity Factor ETF Company 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.