Bell Investment Advisors Inc Cuts Holdings in iShares MSCI Intl Value Factor ETF $IVLU

Bell Investment Advisors Inc reduced its position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 4.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 50,880 shares of the company’s stock after selling 2,094 shares during the period. Bell Investment Advisors Inc’s holdings in iShares MSCI Intl Value Factor ETF were worth $1,542,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IVLU. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 270.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 906,037 shares of the company’s stock worth $24,563,000 after buying an additional 661,194 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in iShares MSCI Intl Value Factor ETF by 3.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 15,430,525 shares of the company’s stock valued at $467,699,000 after purchasing an additional 503,393 shares in the last quarter. Per Stirling Capital Management LLC. acquired a new stake in iShares MSCI Intl Value Factor ETF in the 1st quarter valued at $9,037,000. Concurrent Investment Advisors LLC increased its holdings in iShares MSCI Intl Value Factor ETF by 223.7% in the 1st quarter. Concurrent Investment Advisors LLC now owns 304,720 shares of the company’s stock valued at $9,236,000 after purchasing an additional 210,586 shares in the last quarter. Finally, Saxon Interests Inc. acquired a new stake in iShares MSCI Intl Value Factor ETF in the 1st quarter valued at $2,826,000.

iShares MSCI Intl Value Factor ETF Trading Up 0.6%

Shares of NYSEARCA IVLU opened at $35.06 on Monday. iShares MSCI Intl Value Factor ETF has a 12-month low of $26.41 and a 12-month high of $35.71. The company has a market cap of $2.51 billion, a P/E ratio of 10.99 and a beta of 0.82. The stock has a fifty day moving average price of $33.92 and a 200 day moving average price of $32.08.

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.