MidFirst Bank Invests $8.15 Million in iShares MSCI Intl Quality Factor ETF $IQLT

MidFirst Bank purchased a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 179,321 shares of the company’s stock, valued at approximately $8,150,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IQLT. Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI Intl Quality Factor ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,312,118 shares of the company’s stock worth $2,513,936,000 after purchasing an additional 2,269,023 shares during the period. Bank of America Corp DE grew its holdings in iShares MSCI Intl Quality Factor ETF by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 26,613,791 shares of the company’s stock valued at $1,176,063,000 after buying an additional 1,638,924 shares in the last quarter. Richard Bernstein Advisors LLC increased its position in shares of iShares MSCI Intl Quality Factor ETF by 21.0% during the fourth quarter. Richard Bernstein Advisors LLC now owns 12,750,445 shares of the company’s stock valued at $579,508,000 after buying an additional 2,216,790 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares MSCI Intl Quality Factor ETF by 13.5% during the second quarter. Ameriprise Financial Inc. now owns 9,301,323 shares of the company’s stock valued at $402,190,000 after buying an additional 1,107,638 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of iShares MSCI Intl Quality Factor ETF by 84.8% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,444,572 shares of the company’s stock worth $292,906,000 after buying an additional 2,956,717 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.4%

Shares of iShares MSCI Intl Quality Factor ETF stock opened at $49.33 on Friday. The company’s 50-day moving average price is $49.05 and its 200-day moving average price is $47.57. iShares MSCI Intl Quality Factor ETF has a 12-month low of $41.20 and a 12-month high of $50.08. The company has a market cap of $13.00 billion, a price-to-earnings 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.