SVRN Asset Management LLC Buys New Holdings in iShares MSCI Intl Quality Factor ETF $IQLT

SVRN Asset Management LLC bought a new stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 191,946 shares of the company’s stock, valued at approximately $8,724,000. iShares MSCI Intl Quality Factor ETF accounts for 7.2% of SVRN Asset Management LLC’s holdings, making the stock its 4th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IQLT. Trust Co. of Toledo NA OH raised its stake in iShares MSCI Intl Quality Factor ETF by 436.9% during the 4th quarter. Trust Co. of Toledo NA OH now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares during the period. Qube Research & Technologies Ltd bought a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at approximately $42,000. Lloyd Advisory Services LLC. bought a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at approximately $44,000. Russell Investments Group Ltd. raised its stake in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at approximately $51,000.

iShares MSCI Intl Quality Factor ETF Trading Up 0.0%

Shares of IQLT opened at $49.91 on Friday. The business’s 50 day moving average is $48.85 and its 200 day moving average is $47.41. The company has a market capitalization of $13.15 billion, a PE ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a 12-month low of $41.20 and a 12-month high of $50.08.

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.