Northwestern Mutual Wealth Management Co. Acquires 1,148,107 Shares of iShares MSCI Intl Value Factor ETF $IVLU

Northwestern Mutual Wealth Management Co. grew its holdings in iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,200,645 shares of the company’s stock after purchasing an additional 1,148,107 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 19.75% of iShares MSCI Intl Value Factor ETF worth $654,485,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in shares of iShares MSCI Intl Value Factor ETF by 2.0% during the 3rd quarter. Wealthfront Advisers LLC now owns 15,859 shares of the company’s stock worth $563,000 after purchasing an additional 314 shares during the last quarter. AE Wealth Management LLC boosted its position in iShares MSCI Intl Value Factor ETF by 21.4% during the third quarter. AE Wealth Management LLC now owns 2,098 shares of the company’s stock valued at $74,000 after purchasing an additional 370 shares in the last quarter. Fiduciary Alliance LLC boosted its position in iShares MSCI Intl Value Factor ETF by 5.3% during the fourth quarter. Fiduciary Alliance LLC now owns 7,629 shares of the company’s stock valued at $290,000 after purchasing an additional 381 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in iShares MSCI Intl Value Factor ETF by 0.6% during the fourth quarter. Valued Wealth Advisors LLC now owns 68,537 shares of the company’s stock valued at $2,608,000 after purchasing an additional 389 shares in the last quarter. Finally, Commons Capital LLC boosted its position in iShares MSCI Intl Value Factor ETF by 0.7% during the third quarter. Commons Capital LLC now owns 75,315 shares of the company’s stock valued at $2,672,000 after purchasing an additional 529 shares in the last quarter.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock opened at $42.94 on Friday. iShares MSCI Intl Value Factor ETF has a 1-year low of $31.60 and a 1-year high of $43.40. The company has a market cap of $4.13 billion, a P/E ratio of 10.99 and a beta of 0.61. The stock’s 50-day moving average is $41.16 and its 200 day moving average is $39.94.

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.