JNBA Financial Advisors Sells 13,823 Shares of iShares MSCI Intl Value Factor ETF $IVLU

JNBA Financial Advisors reduced its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 5.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 221,946 shares of the company’s stock after selling 13,823 shares during the period. iShares MSCI Intl Value Factor ETF comprises about 0.7% of JNBA Financial Advisors’ portfolio, making the stock its 25th largest holding. JNBA Financial Advisors’ holdings in iShares MSCI Intl Value Factor ETF were worth $8,445,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth approximately $56,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth approximately $58,000. Russell Investments Group Ltd. raised its stake in iShares MSCI Intl Value Factor ETF by 174.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,645 shares of the company’s stock worth $58,000 after buying an additional 1,046 shares during the period. Whittier Trust Co. acquired a new position in iShares MSCI Intl Value Factor ETF during the 3rd quarter worth approximately $67,000. Finally, AE Wealth Management LLC raised its stake in iShares MSCI Intl Value Factor ETF by 21.4% during the 3rd quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock worth $74,000 after buying an additional 370 shares during the period.

iShares MSCI Intl Value Factor ETF Stock Performance

IVLU stock opened at $41.72 on Friday. The stock’s 50 day simple moving average is $40.87 and its 200 day simple moving average is $38.66. iShares MSCI Intl Value Factor ETF has a fifty-two week low of $29.44 and a fifty-two week high of $43.06. The company has a market cap of $3.99 billion, a P/E ratio of 10.99 and a beta of 0.62.

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.