Envestnet Asset Management Inc. Decreases Holdings in iShares MSCI USA Size Factor ETF $SIZE

Envestnet Asset Management Inc. decreased its stake in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,417 shares of the company’s stock after selling 12,378 shares during the period. Envestnet Asset Management Inc. owned 3.15% of iShares MSCI USA Size Factor ETF worth $11,643,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in shares of iShares MSCI USA Size Factor ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 496,477 shares of the company’s stock worth $76,726,000 after purchasing an additional 21,936 shares during the period. Strategic Financial Services Inc. purchased a new stake in iShares MSCI USA Size Factor ETF in the second quarter worth $16,010,000. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI USA Size Factor ETF by 4,044.3% in the second quarter. Ameriprise Financial Inc. now owns 58,311 shares of the company’s stock valued at $9,011,000 after buying an additional 56,904 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI USA Size Factor ETF by 3.4% in the second quarter. PNC Financial Services Group Inc. now owns 48,190 shares of the company’s stock valued at $7,447,000 after buying an additional 1,595 shares during the period. Finally, Osaic Holdings Inc. lifted its position in shares of iShares MSCI USA Size Factor ETF by 17.3% during the 2nd quarter. Osaic Holdings Inc. now owns 38,825 shares of the company’s stock valued at $6,000,000 after buying an additional 5,730 shares during the last quarter.

iShares MSCI USA Size Factor ETF Stock Performance

SIZE stock opened at $167.54 on Wednesday. The stock has a fifty day moving average of $165.46 and a 200-day moving average of $161.68. iShares MSCI USA Size Factor ETF has a fifty-two week low of $126.82 and a fifty-two week high of $169.85. The company has a market capitalization of $402.10 million, a price-to-earnings ratio of 21.17 and a beta of 1.02.

iShares MSCI USA Size Factor ETF Company Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.