Armbruster Capital Management Inc. Purchases 11,264 Shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU)

Armbruster Capital Management Inc. lifted its position in shares of iShares MSCI Intl Value Factor ETF (NYSEARCA:IVLU) by 1.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 688,233 shares of the company’s stock after purchasing an additional 11,264 shares during the quarter. iShares MSCI Intl Value Factor ETF makes up about 4.2% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 7th largest position. Armbruster Capital Management Inc. owned 1.05% of iShares MSCI Intl Value Factor ETF worth $20,860,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IVLU. PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI Intl Value Factor ETF by 342.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,629 shares of the company’s stock worth $44,000 after purchasing an additional 1,261 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares MSCI Intl Value Factor ETF by 248,000.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,481 shares of the company’s stock valued at $67,000 after buying an additional 2,480 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in iShares MSCI Intl Value Factor ETF by 136.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,318 shares of the company’s stock valued at $90,000 after buying an additional 1,915 shares in the last quarter. Smithfield Trust Co boosted its stake in iShares MSCI Intl Value Factor ETF by 183.2% in the 4th quarter. Smithfield Trust Co now owns 3,546 shares of the company’s stock valued at $96,000 after buying an additional 2,294 shares in the last quarter. Finally, Lee Danner & Bass Inc. acquired a new stake in iShares MSCI Intl Value Factor ETF in the 4th quarter valued at $117,000.

iShares MSCI Intl Value Factor ETF Price Performance

Shares of IVLU stock opened at $33.06 on Friday. The stock’s fifty day simple moving average is $31.46 and its 200 day simple moving average is $29.62. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 11.82 and a beta of 0.70. iShares MSCI Intl Value Factor ETF has a one year low of $25.97 and a one year high of $33.45.

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.