Meridian Wealth Management LLC Acquires 11,602 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Meridian Wealth Management LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 7.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 177,298 shares of the company’s stock after purchasing an additional 11,602 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $7,835,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IQLT. Northwestern Mutual Wealth Management Co. grew its stake in iShares MSCI Intl Quality Factor ETF by 1,299.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock valued at $1,463,382,000 after acquiring an additional 31,439,365 shares during the period. Bank of America Corp DE lifted its stake in iShares MSCI Intl Quality Factor ETF by 19.6% during the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock valued at $1,079,414,000 after acquiring an additional 4,094,153 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares MSCI Intl Quality Factor ETF by 33.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,008,860 shares of the company’s stock worth $302,923,000 after purchasing an additional 1,741,531 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the second quarter valued at approximately $50,850,000. Finally, Ameriprise Financial Inc. grew its stake in iShares MSCI Intl Quality Factor ETF by 13.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after purchasing an additional 1,107,638 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT opened at $47.61 on Friday. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $48.54. The firm has a 50-day moving average of $45.97 and a 200 day moving average of $44.53. The firm has a market cap of $14.24 billion, a P/E ratio of 18.86 and a beta of 0.89.

About iShares MSCI Intl Quality Factor ETF

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.