Valmark Advisers Inc. Purchases 23,772 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Valmark Advisers Inc. lifted its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 43.6% during the 1st quarter, HoldingsChannel reports. The firm owned 78,329 shares of the company’s stock after buying an additional 23,772 shares during the period. Valmark Advisers Inc.’s holdings in iShares MSCI Intl Quality Factor ETF were worth $3,621,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IQLT. Carnegie Investment Counsel boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 9.6% in the 4th quarter. Carnegie Investment Counsel now owns 834,200 shares of the company’s stock worth $37,914,000 after purchasing an additional 72,725 shares in the last quarter. BIP Wealth LLC bought a new position in iShares MSCI Intl Quality Factor ETF during the 4th quarter worth approximately $1,301,000. Savvy Advisors Inc. grew its position in iShares MSCI Intl Quality Factor ETF by 41.1% during the 4th quarter. Savvy Advisors Inc. now owns 86,493 shares of the company’s stock worth $3,931,000 after acquiring an additional 25,174 shares during the last quarter. Landaas & Co. WI ADV boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 85.4% during the fourth quarter. Landaas & Co. WI ADV now owns 39,102 shares of the company’s stock valued at $1,777,000 after purchasing an additional 18,013 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 84.8% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,444,572 shares of the company’s stock valued at $292,906,000 after purchasing an additional 2,956,717 shares during the period.

iShares MSCI Intl Quality Factor ETF Stock Performance

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $49.56 on Monday. iShares MSCI Intl Quality Factor ETF has a 52-week low of $41.20 and a 52-week high of $50.08. The company’s 50 day moving average price is $49.19 and its 200-day moving average price is $48.04. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 18.86 and a beta of 0.83.

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.