Ridgeline Wealth LLC Makes New $489,000 Investment in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Ridgeline Wealth LLC acquired a new stake in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) during the 4th quarter, Holdings Channel.com reports. The firm acquired 18,030 shares of the company’s stock, valued at approximately $489,000.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI Intl Value Factor ETF by 11.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,776,764 shares of the company’s stock valued at $111,528,000 after purchasing an additional 400,792 shares during the last quarter. Savvy Advisors Inc. raised its position in shares of iShares MSCI Intl Value Factor ETF by 226.0% in the third quarter. Savvy Advisors Inc. now owns 386,079 shares of the company’s stock valued at $11,401,000 after buying an additional 267,655 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares MSCI Intl Value Factor ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 14,730,969 shares of the company’s stock valued at $404,216,000 after buying an additional 186,057 shares during the last quarter. KWB Wealth purchased a new position in shares of iShares MSCI Intl Value Factor ETF during the third quarter valued at approximately $4,897,000. Finally, Sanctuary Advisors LLC acquired a new stake in iShares MSCI Intl Value Factor ETF during the second quarter worth approximately $3,898,000.

iShares MSCI Intl Value Factor ETF Price Performance

IVLU traded up $0.21 during trading on Monday, hitting $27.30. The company’s stock had a trading volume of 1,202,187 shares, compared to its average volume of 691,562. iShares MSCI Intl Value Factor ETF has a twelve month low of $25.81 and a twelve month high of $29.92. The stock has a market cap of $1.70 billion, a PE ratio of 9.61 and a beta of 0.70. The firm’s 50 day moving average price is $27.79 and its 200-day moving average price is $28.20.

iShares MSCI Intl Value Factor ETF 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.