Envestnet Asset Management Inc. Trims Stake in iShares MSCI Intl Value Factor ETF $IVLU

Envestnet Asset Management Inc. trimmed its holdings in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,292,836 shares of the company’s stock after selling 21,063 shares during the quarter. Envestnet Asset Management Inc. owned about 0.06% of iShares MSCI Intl Value Factor ETF worth $141,191,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVLU. Brighton Jones LLC purchased a new position in iShares MSCI Intl Value Factor ETF during the fourth quarter worth about $454,000. Saxon Interests Inc. purchased a new position in iShares MSCI Intl Value Factor ETF during the first quarter worth about $2,826,000. Mather Group LLC. grew its position in iShares MSCI Intl Value Factor ETF by 145.4% during the first quarter. Mather Group LLC. now owns 2,950 shares of the company’s stock worth $89,000 after buying an additional 1,748 shares in the last quarter. Lansing Street Advisors purchased a new position in iShares MSCI Intl Value Factor ETF during the first quarter worth about $222,000. Finally, OneDigital Investment Advisors LLC grew its position in iShares MSCI Intl Value Factor ETF by 2.5% during the first quarter. OneDigital Investment Advisors LLC now owns 448,994 shares of the company’s stock worth $13,609,000 after buying an additional 10,884 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Stock Up 0.4%

Shares of IVLU stock opened at $36.30 on Wednesday. The business has a 50-day moving average price of $35.41 and a two-hundred day moving average price of $33.54. iShares MSCI Intl Value Factor ETF has a 12-month low of $26.41 and a 12-month high of $36.35. The firm has a market cap of $2.75 billion, a P/E ratio of 10.99 and a beta of 0.71.

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.