Alerus Financial NA Purchases 43,006 Shares of iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS)

Alerus Financial NA raised its position in shares of iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,111,883 shares of the company’s stock after acquiring an additional 43,006 shares during the period. iShares Core MSCI Total International Stock ETF comprises about 5.6% of Alerus Financial NA’s investment portfolio, making the stock its 4th largest holding. Alerus Financial NA’s holdings in iShares Core MSCI Total International Stock ETF were worth $73,540,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IXUS. YANKCOM Partnership acquired a new position in iShares Core MSCI Total International Stock ETF during the 4th quarter valued at about $30,000. Ethos Financial Group LLC bought a new stake in iShares Core MSCI Total International Stock ETF during the 4th quarter worth approximately $37,000. MeadowBrook Investment Advisors LLC boosted its stake in iShares Core MSCI Total International Stock ETF by 41.4% in the 4th quarter. MeadowBrook Investment Advisors LLC now owns 1,025 shares of the company’s stock worth $68,000 after purchasing an additional 300 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Core MSCI Total International Stock ETF during the fourth quarter worth about $90,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in iShares Core MSCI Total International Stock ETF during the 3rd quarter worth approximately $128,000.

iShares Core MSCI Total International Stock ETF Stock Performance

NASDAQ:IXUS opened at $71.16 on Friday. iShares Core MSCI Total International Stock ETF has a 52-week low of $63.61 and a 52-week high of $73.53. The stock’s 50-day simple moving average is $69.95 and its 200 day simple moving average is $69.45. The company has a market cap of $40.63 billion, a P/E ratio of 16.28 and a beta of 0.85.

About iShares Core MSCI Total International Stock ETF

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.