Bell Investment Advisors Inc Sells 7,847 Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Bell Investment Advisors Inc trimmed its stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 12.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,110 shares of the company’s stock after selling 7,847 shares during the period. Bell Investment Advisors Inc owned 0.09% of iShares MSCI Intl Value Factor ETF worth $1,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers bought a new stake in iShares MSCI Intl Value Factor ETF during the first quarter valued at about $4,027,000. Raymond James & Associates increased its position in iShares MSCI Intl Value Factor ETF by 0.4% in the 2nd quarter. Raymond James & Associates now owns 169,159 shares of the company’s stock worth $4,642,000 after buying an additional 669 shares during the period. Lauterbach Financial Advisors LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 4.9% during the second quarter. Lauterbach Financial Advisors LLC now owns 14,109 shares of the company’s stock worth $382,000 after buying an additional 663 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares MSCI Intl Value Factor ETF by 4.9% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 8,548 shares of the company’s stock worth $252,000 after buying an additional 400 shares during the last quarter. Finally, Saxon Interests Inc. bought a new stake in shares of iShares MSCI Intl Value Factor ETF in the second quarter valued at approximately $1,298,000.

iShares MSCI Intl Value Factor ETF Price Performance

IVLU stock traded up $0.05 on Wednesday, reaching $27.61. 18,853 shares of the company were exchanged, compared to its average volume of 278,000. The firm has a market capitalization of $1.72 billion, a PE ratio of 9.61 and a beta of 0.70. iShares MSCI Intl Value Factor ETF has a 12 month low of $25.78 and a 12 month high of $29.92. The stock’s fifty day moving average price is $28.61 and its 200 day moving average price is $28.41.

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.