Harbour Wealth Management Group Inc. Buys Shares of 91,306 iShares MSCI Intl Value Factor ETF $IVLU

Harbour Wealth Management Group Inc. purchased a new stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 91,306 shares of the company’s stock, valued at approximately $3,474,000. iShares MSCI Intl Value Factor ETF accounts for approximately 2.7% of Harbour Wealth Management Group Inc.’s holdings, making the stock its 9th biggest position.

Several other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in iShares MSCI Intl Value Factor ETF by 7.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 17,200,645 shares of the company’s stock valued at $654,485,000 after purchasing an additional 1,148,107 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI Intl Value Factor ETF by 1.2% in the third 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 in the last quarter. Savvy Advisors Inc. boosted its holdings in iShares MSCI Intl Value Factor ETF by 74.3% in the fourth quarter. Savvy Advisors Inc. now owns 1,448,020 shares of the company’s stock worth $55,097,000 after acquiring an additional 617,396 shares in the last quarter. Bank of America Corp DE grew its stake in iShares MSCI Intl Value Factor ETF by 19.3% in the third quarter. Bank of America Corp DE now owns 1,092,701 shares of the company’s stock valued at $38,769,000 after acquiring an additional 176,973 shares during the period. Finally, LPL Financial LLC grew its stake in iShares MSCI Intl Value Factor ETF by 38.3% in the fourth quarter. LPL Financial LLC now owns 1,056,980 shares of the company’s stock valued at $40,218,000 after acquiring an additional 292,642 shares during the period.

iShares MSCI Intl Value Factor ETF Stock Up 0.0%

NYSEARCA IVLU opened at $42.20 on Friday. iShares MSCI Intl Value Factor ETF has a 52 week low of $31.60 and a 52 week high of $43.40. The business has a 50 day moving average price of $42.13 and a 200-day moving average price of $40.57. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 10.99 and a beta of 0.61.

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.