Money Concepts Capital Corp Invests $4.05 Million in iShares MSCI Intl Value Factor ETF $IVLU

Money Concepts Capital Corp purchased a new position in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 102,189 shares of the company’s stock, valued at approximately $4,055,000. Money Concepts Capital Corp owned about 0.11% of iShares MSCI Intl Value Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IVLU. Northwestern Mutual Wealth Management Co. boosted its stake 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 acquiring an additional 1,148,107 shares during the last quarter. Savvy Advisors Inc. increased its stake in shares of iShares MSCI Intl Value Factor ETF by 74.3% during 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 last quarter. Bank of America Corp DE increased its stake in shares of iShares MSCI Intl Value Factor ETF by 19.3% during 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 last quarter. LPL Financial LLC raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 38.3% in the 4th quarter. LPL Financial LLC now owns 1,056,980 shares of the company’s stock worth $40,218,000 after purchasing an additional 292,642 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of iShares MSCI Intl Value Factor ETF by 0.8% in the 4th quarter. Focus Partners Wealth now owns 1,051,577 shares of the company’s stock worth $40,013,000 after purchasing an additional 7,918 shares during the period.

iShares MSCI Intl Value Factor ETF Trading Up 0.6%

iShares MSCI Intl Value Factor ETF stock opened at $42.25 on Friday. The business’s 50 day simple moving average is $42.30 and its 200 day simple moving average is $41.03. iShares MSCI Intl Value Factor ETF has a 12 month low of $32.46 and a 12 month high of $43.40. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 10.99 and a beta of 0.62.

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.