Mercer Global Advisors Inc. ADV Sells 320,701 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Mercer Global Advisors Inc. ADV trimmed its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 10.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,764,963 shares of the company’s stock after selling 320,701 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 0.94% of iShares MSCI Intl Quality Factor ETF worth $122,184,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IQLT. Purkiss Capital Advisors LLC boosted its position in iShares MSCI Intl Quality Factor ETF by 0.6% in the third quarter. Purkiss Capital Advisors LLC now owns 40,533 shares of the company’s stock valued at $1,791,000 after buying an additional 229 shares in the last quarter. IRON Financial LLC increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the third quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock worth $801,000 after buying an additional 233 shares in the last quarter. Assetmark Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 2.2% during the third quarter. Assetmark Inc. now owns 10,694 shares of the company’s stock worth $473,000 after buying an additional 235 shares in the last quarter. World Equity Group Inc. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 3.8% in the 3rd quarter. World Equity Group Inc. now owns 6,739 shares of the company’s stock valued at $298,000 after acquiring an additional 245 shares during the last quarter. Finally, Brady Martz Wealth Solutions LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 2.0% in the 3rd quarter. Brady Martz Wealth Solutions LLC now owns 14,794 shares of the company’s stock valued at $654,000 after acquiring an additional 286 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Up 1.7%

NYSEARCA IQLT opened at $46.77 on Tuesday. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. iShares MSCI Intl Quality Factor ETF has a twelve month low of $35.51 and a twelve month high of $49.91. The business’s fifty day moving average is $47.77 and its 200 day moving average is $45.70.

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.