Focus Partners Advisor Solutions LLC Sells 25,882 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Focus Partners Advisor Solutions LLC reduced its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 20.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,473 shares of the company’s stock after selling 25,882 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares MSCI Intl Quality Factor ETF Trading Down 2.9%

Shares of IQLT stock opened at $47.46 on Wednesday. The stock has a market capitalization of $12.93 billion, a P/E ratio of 18.86 and a beta of 0.89. The firm’s 50 day moving average is $47.57 and its 200 day moving average is $45.47. iShares MSCI Intl Quality Factor ETF has a 12 month low of $35.51 and a 12 month high of $49.91.

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