Envestnet Asset Management Inc. Has $21.09 Million Position in iShares MSCI Intl Value Factor ETF $IVLU

Envestnet Asset Management Inc. lessened its holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 86.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 594,307 shares of the company’s stock after selling 3,698,529 shares during the quarter. Envestnet Asset Management Inc. owned 0.78% of iShares MSCI Intl Value Factor ETF worth $21,086,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVLU. AE Wealth Management LLC increased its stake in iShares MSCI Intl Value Factor ETF by 21.4% in the third quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock valued at $74,000 after acquiring an additional 370 shares during the period. Truist Financial Corp boosted its holdings in iShares MSCI Intl Value Factor ETF by 2.2% during the third quarter. Truist Financial Corp now owns 102,279 shares of the company’s stock valued at $3,629,000 after purchasing an additional 2,167 shares in the last quarter. Phoenix Financial Ltd. bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter valued at approximately $4,195,000. Saxon Interests Inc. grew its stake in shares of iShares MSCI Intl Value Factor ETF by 29.7% in the 3rd quarter. Saxon Interests Inc. now owns 120,903 shares of the company’s stock valued at $4,218,000 after purchasing an additional 27,657 shares during the period. Finally, Avantax Planning Partners Inc. acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the 3rd quarter worth approximately $214,000.

iShares MSCI Intl Value Factor ETF Price Performance

iShares MSCI Intl Value Factor ETF stock opened at $42.44 on Friday. The business has a 50 day simple moving average of $39.42 and a 200 day simple moving average of $36.88. The company has a market capitalization of $3.70 billion, a PE ratio of 10.99 and a beta of 0.71. iShares MSCI Intl Value Factor ETF has a one year low of $26.41 and a one year high of $42.98.

About iShares MSCI Intl Value Factor ETF

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.