Assetmark Inc. Reduces Holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Assetmark Inc. trimmed its holdings in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 25.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,436 shares of the company’s stock after selling 484 shares during the period. Assetmark Inc.’s holdings in iShares MSCI Intl Value Factor ETF were worth $39,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVLU. Bruce G. Allen Investments LLC acquired a new position in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at about $78,000. Smartleaf Asset Management LLC raised its position in shares of iShares MSCI Intl Value Factor ETF by 136.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,318 shares of the company’s stock valued at $90,000 after buying an additional 1,915 shares during the last quarter. Smithfield Trust Co raised its position in shares of iShares MSCI Intl Value Factor ETF by 183.2% in the fourth quarter. Smithfield Trust Co now owns 3,546 shares of the company’s stock valued at $96,000 after buying an additional 2,294 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares MSCI Intl Value Factor ETF in the fourth quarter valued at approximately $121,000. Finally, WealthShield Partners LLC acquired a new position in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at $121,000.

iShares MSCI Intl Value Factor ETF Stock Up 1.8 %

Shares of NYSEARCA:IVLU opened at $30.91 on Friday. The company has a market cap of $2.03 billion, a P/E ratio of 11.43 and a beta of 0.78. iShares MSCI Intl Value Factor ETF has a 52 week low of $25.97 and a 52 week high of $31.15. The business has a fifty day simple moving average of $28.74 and a 200-day simple moving average of $28.47.

iShares MSCI Intl Value Factor ETF Company Profile

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.