Clearwave Capital LLC Makes New $2.33 Million Investment in iShares MSCI Intl Quality Factor ETF $IQLT

Clearwave Capital LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the fourth quarter, HoldingsChannel reports. The firm bought 51,332 shares of the company’s stock, valued at approximately $2,333,000. iShares MSCI Intl Quality Factor ETF makes up approximately 1.7% of Clearwave Capital LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds have also modified their holdings of IQLT. Russell Investments Group Ltd. grew its stake in shares of 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 worth $49,000 after purchasing an additional 852 shares during the period. Baird Financial Group Inc. boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 13.1% during the 2nd quarter. Baird Financial Group Inc. now owns 9,406 shares of the company’s stock worth $407,000 after acquiring an additional 1,086 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares MSCI Intl Quality Factor ETF during the second quarter worth $42,000. Raymond James Financial Inc. raised its holdings in iShares MSCI Intl Quality Factor ETF by 4.8% during the second quarter. Raymond James Financial Inc. now owns 1,803,093 shares of the company’s stock worth $77,930,000 after purchasing an additional 83,154 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in iShares MSCI Intl Quality Factor ETF by 1.7% in the second quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock valued at $789,000 after purchasing an additional 311 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Price Performance

NYSEARCA:IQLT opened at $49.33 on Friday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The stock has a fifty day simple moving average of $49.07 and a 200-day simple moving average of $47.58. The company has a market capitalization of $13.00 billion, a PE ratio of 18.86 and a beta of 0.83.

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.