iShares MSCI Intl Quality Factor ETF $IQLT Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,309,402 shares of the company’s stock after selling 930,529 shares during the period. PNC Financial Services Group Inc. owned about 0.07% of iShares MSCI Intl Quality Factor ETF worth $800,214,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. IRON Financial LLC grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.2% during the first quarter. IRON Financial LLC now owns 17,668 shares of the company’s stock worth $817,000 after buying an additional 215 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 0.5% during the fourth quarter. Chicago Partners Investment Group LLC now owns 48,517 shares of the company’s stock valued at $2,302,000 after buying an additional 224 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 1.3% during the first quarter. Geneos Wealth Management Inc. now owns 19,104 shares of the company’s stock valued at $883,000 after buying an additional 250 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of iShares MSCI Intl Quality Factor ETF by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 1,987 shares of the company’s stock valued at $90,000 after buying an additional 263 shares during the period. Finally, Opes Wealth Management LLC boosted its position in iShares MSCI Intl Quality Factor ETF by 0.6% during the fourth quarter. Opes Wealth Management LLC now owns 43,734 shares of the company’s stock worth $1,988,000 after acquiring an additional 269 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT stock opened at $49.61 on Wednesday. The stock has a market capitalization of $13.67 billion, a P/E ratio of 18.86 and a beta of 0.83. iShares MSCI Intl Quality Factor ETF has a one year low of $41.20 and a one year high of $50.08. The company has a 50 day moving average price of $49.22 and a two-hundred day moving average price of $48.22.

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.