Halbert Hargrove Global Advisors LLC Increases Stake in iShares International Equity Factor ETF

Halbert Hargrove Global Advisors LLC has augmented their investment in the iShares International Equity Factor ETF (NYSEARCA:INTF), expanding their shares by 1.9% during the third quarter. After their recent acquisition of 7,864 additional shares, their total ownership in the ETF rose to 415,324 shares. The ETF now represents 0.8% of Halbert Hargrove's investment portfolio and has become their 18th largest holding. The market value of their total stake in INTF was reported to be approximately $10.74 million in their latest SEC filings.

Other Institutional Movements

The actions of Halbert Hargrove Global Advisors were mirrored by other institutions, noting shifts in their INTF positions. Cowa LLC notably increased its holdings by a staggering 9,901.8% in the first quarter, now holding over 5 million shares. CI Private Wealth LLC initiated a position during the fourth quarter, valued at almost $59 million. Similarly, Jane Street Group LLC boosted its stake by 467% in the third quarter, holding shares worth over $20 million. OLD Mission Capital LLC and Wells Fargo & Company MN have also significantly increased their investments in INTF during recent quarters.

ETF Performance Insights

The iShares International Equity Factor ETF experienced a slight uptick of 0.5% on a recent trading day, with the stock price reaching $27.81. Trading volume was modest compared to its average, with 3,281 shares changing hands. The ETF, with a market capitalization nearing $970.57 million, currently has a PE ratio of 10.65 and a beta of 0.87. Its price has fluctuated between a twelve-month low of $24.40 and a high of $28.01 and maintains a fifty-day moving average price of $26.35 against a two-hundred day average of $26.51.

About iShares International Equity Factor ETF

The iShares International Equity Factor ETF aims to track the investment results of an index composed of international developed market equities, with an enhanced focus on five specific factors: momentum, quality, value, low volatility, and size. This strategy helps diversify the fund's portfolio and potentially increase its performance against traditional international indexes.

Investment, Securities, Portfolio