Envestnet Asset Management Inc. Buys New Stake in Lazard International Dynamic Equity ETF $IEQ

Envestnet Asset Management Inc. purchased a new position in shares of Lazard International Dynamic Equity ETF (NYSEARCA:IEQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 98,093 shares of the company’s stock, valued at approximately $2,781,000. Envestnet Asset Management Inc. owned 6.57% of Lazard International Dynamic Equity ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Victory Financial Group LLC purchased a new stake in shares of Lazard International Dynamic Equity ETF in the second quarter worth about $438,000. Jones Financial Companies Lllp purchased a new stake in shares of Lazard International Dynamic Equity ETF during the 3rd quarter valued at about $1,571,000. Truist Financial Corp acquired a new position in Lazard International Dynamic Equity ETF during the 3rd quarter worth approximately $2,661,000. Provident Wealth Management LLC purchased a new position in Lazard International Dynamic Equity ETF in the 3rd quarter worth approximately $3,619,000. Finally, Lazard Asset Management LLC acquired a new stake in Lazard International Dynamic Equity ETF in the second quarter valued at approximately $27,880,000.

Lazard International Dynamic Equity ETF Stock Down 0.3%

IEQ opened at $27.32 on Thursday. The firm’s 50 day moving average is $27.32 and its 200-day moving average is $27.32. Lazard International Dynamic Equity ETF has a 52-week low of $25.11 and a 52-week high of $27.86. The firm has a market capitalization of $40.79 million and a P/E ratio of 13.21.

Lazard International Dynamic Equity ETF Company Profile

The Lazard International Dynamic Equity ETF (IEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a diversified portfolio of international equities. The fund seeks long-term capital appreciation through a stock-picking process, while balancing risk. IEQ was launched on May 29, 2015 and is issued by Lazard.