Financial Gravity Companies Inc. Makes New $312,000 Investment in iShares MSCI Intl Quality Factor ETF $IQLT

Financial Gravity Companies Inc. acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the second quarter, Holdings Channel reports. The institutional investor acquired 7,215 shares of the company’s stock, valued at approximately $312,000.

Several other institutional investors have also recently modified their holdings of the company. Addison Advisors LLC boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 0.8% in the 2nd quarter. Addison Advisors LLC now owns 194,341 shares of the company’s stock valued at $8,399,000 after acquiring an additional 1,637 shares during the last quarter. AGF Management Ltd. raised its holdings in shares of iShares MSCI Intl Quality Factor ETF by 4.4% during the second quarter. AGF Management Ltd. now owns 1,252,339 shares of the company’s stock worth $54,126,000 after purchasing an additional 53,071 shares during the last quarter. Park Avenue Securities LLC lifted its position in iShares MSCI Intl Quality Factor ETF by 59.7% during the second quarter. Park Avenue Securities LLC now owns 11,337 shares of the company’s stock valued at $490,000 after purchasing an additional 4,237 shares during the period. GAMMA Investing LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 7.1% in the second quarter. Capital Investment Advisors LLC now owns 5,246,050 shares of the company’s stock valued at $226,734,000 after purchasing an additional 348,997 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $44.78 on Friday. The stock has a 50-day simple moving average of $44.43 and a two-hundred day simple moving average of $43.32. The firm has a market capitalization of $13.10 billion, a P/E ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $45.42.

iShares MSCI Intl Quality Factor ETF 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.