Pinnacle Wealth Management Advisory Group LLC Lowers Stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Pinnacle Wealth Management Advisory Group LLC decreased its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 17.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,178 shares of the company’s stock after selling 1,290 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $232,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IQLT. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 11.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 29,427,924 shares of the company’s stock valued at $989,073,000 after purchasing an additional 2,934,327 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares MSCI Intl Quality Factor ETF by 56.7% during the third quarter. JPMorgan Chase & Co. now owns 9,634,481 shares of the company’s stock valued at $323,820,000 after acquiring an additional 3,487,001 shares during the period. TIAA Trust National Association increased its stake in iShares MSCI Intl Quality Factor ETF by 5.7% during the fourth quarter. TIAA Trust National Association now owns 6,188,506 shares of the company’s stock worth $232,440,000 after acquiring an additional 334,603 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 5.4% in the 4th quarter. Capital Investment Advisors LLC now owns 3,640,574 shares of the company’s stock worth $136,740,000 after purchasing an additional 187,387 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.6% in the 3rd quarter. Corient Private Wealth LLC now owns 2,779,433 shares of the company’s stock valued at $93,417,000 after purchasing an additional 44,624 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT traded up $0.31 on Thursday, reaching $39.46. 417,671 shares of the company’s stock were exchanged, compared to its average volume of 1,199,735. iShares MSCI Intl Quality Factor ETF has a twelve month low of $32.28 and a twelve month high of $39.97. The company’s 50 day moving average is $38.96 and its 200-day moving average is $37.26. The company has a market cap of $8.18 billion, a price-to-earnings ratio of 16.27 and a beta of 0.87.

iShares MSCI Intl Quality Factor ETF Company Profile

The iShares MSCI Intl Quality Factor ETF (IQLT) is an exchange-traded fund that is based on the World ex USA Sector Neutral Quality index. The fund tracks an index of large- and mid-cap stocks in developed countries, outside of the US. The index is selected and weighted for exposure to fundamental quality metrics.