Concurrent Investment Advisors LLC Cuts Stock Position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Concurrent Investment Advisors LLC decreased its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 24.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,321 shares of the company’s stock after selling 22,893 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI Intl Value Factor ETF were worth $2,136,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of IVLU. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares MSCI Intl Value Factor ETF by 4.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 19,842 shares of the company’s stock worth $560,000 after purchasing an additional 814 shares in the last quarter. Stonebrook Private Inc. increased its position in iShares MSCI Intl Value Factor ETF by 8.0% during the 1st quarter. Stonebrook Private Inc. now owns 25,769 shares of the company’s stock valued at $727,000 after buying an additional 1,907 shares in the last quarter. QRG Capital Management Inc. acquired a new position in iShares MSCI Intl Value Factor ETF during the 1st quarter valued at about $310,000. Angeles Wealth Management LLC purchased a new stake in iShares MSCI Intl Value Factor ETF in the first quarter valued at about $144,000. Finally, Leo Wealth LLC boosted its holdings in iShares MSCI Intl Value Factor ETF by 4.6% in the first quarter. Leo Wealth LLC now owns 284,207 shares of the company’s stock worth $8,005,000 after acquiring an additional 12,450 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Stock Up 1.1 %

IVLU opened at $28.72 on Friday. The company has a market cap of $1.79 billion, a P/E ratio of 9.61 and a beta of 0.70. The firm’s 50-day moving average price is $28.87 and its 200-day moving average price is $28.43. iShares MSCI Intl Value Factor ETF has a 52-week low of $24.58 and a 52-week high of $29.92.

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.