iShares MSCI Intl Quality Factor ETF $IQLT Stake Cut by NewEdge Wealth LLC

NewEdge Wealth LLC lessened its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 33.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 699,202 shares of the company’s stock after selling 345,312 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $31,024,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1,299.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock valued at $1,463,382,000 after buying 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% in the second quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock worth $1,079,414,000 after acquiring an additional 4,094,153 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares MSCI Intl Quality Factor ETF by 33.1% in the second quarter. JPMorgan Chase & Co. now owns 7,008,860 shares of the company’s stock valued at $302,923,000 after acquiring an additional 1,741,531 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $50,850,000. Finally, Ameriprise Financial Inc. raised its position in shares of iShares MSCI Intl Quality Factor ETF by 13.5% during the 2nd 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 during the period.

iShares MSCI Intl Quality Factor ETF Trading Up 0.2%

Shares of NYSEARCA IQLT opened at $48.94 on Thursday. iShares MSCI Intl Quality Factor ETF has a 12-month low of $35.51 and a 12-month high of $49.14. The company has a market cap of $13.33 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The stock’s 50 day simple moving average is $46.88 and its 200 day simple moving average is $45.04.

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.