McBroom & Associates LLC Makes New Investment in iShares MSCI Intl Value Factor ETF $IVLU

McBroom & Associates LLC purchased a new stake in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 77,686 shares of the company’s stock, valued at approximately $2,956,000. iShares MSCI Intl Value Factor ETF accounts for 1.4% of McBroom & Associates LLC’s holdings, making the stock its 20th largest position. McBroom & Associates LLC owned about 0.09% of iShares MSCI Intl Value Factor ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI Intl Value Factor ETF by 4.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 16,052,538 shares of the company’s stock valued at $569,544,000 after acquiring an additional 733,152 shares during the period. JPMorgan Chase & Co. grew its position in iShares MSCI Intl Value Factor ETF by 1.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,736,666 shares of the company’s stock worth $168,057,000 after acquiring an additional 58,090 shares during the last quarter. Savvy Advisors Inc. increased its stake in iShares MSCI Intl Value Factor ETF by 74.3% in the 4th quarter. Savvy Advisors Inc. now owns 1,448,020 shares of the company’s stock worth $55,097,000 after purchasing an additional 617,396 shares during the period. Bank of America Corp DE increased its stake in iShares MSCI Intl Value Factor ETF by 19.3% in the 3rd quarter. Bank of America Corp DE now owns 1,092,701 shares of the company’s stock worth $38,769,000 after purchasing an additional 176,973 shares during the period. Finally, Focus Partners Wealth lifted its position in iShares MSCI Intl Value Factor ETF by 2.7% in the third quarter. Focus Partners Wealth now owns 1,043,659 shares of the company’s stock valued at $37,030,000 after purchasing an additional 27,151 shares during the last quarter.

iShares MSCI Intl Value Factor ETF Stock Performance

NYSEARCA:IVLU opened at $40.12 on Friday. The firm has a market cap of $3.84 billion, a PE ratio of 10.99 and a beta of 0.71. iShares MSCI Intl Value Factor ETF has a fifty-two week low of $26.41 and a fifty-two week high of $43.06. The business has a 50 day moving average price of $40.76 and a 200-day moving average price of $38.31.

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.