Waverly Advisors LLC Boosts Stake in iShares MSCI Intl Quality Factor ETF $IQLT

Waverly Advisors LLC lifted its holdings in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 629.4% during the first quarter, Holdings Channel reports. The institutional investor owned 36,267 shares of the company’s stock after purchasing an additional 31,295 shares during the quarter. Waverly Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $1,677,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Carnegie Investment Counsel grew its position in shares of iShares MSCI Intl Quality Factor ETF by 9.6% during the fourth quarter. Carnegie Investment Counsel now owns 834,200 shares of the company’s stock worth $37,914,000 after acquiring an additional 72,725 shares during the last quarter. BIP Wealth LLC bought a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at about $1,301,000. Savvy Advisors Inc. boosted its stake 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 valued at $3,931,000 after purchasing an additional 25,174 shares during the period. Landaas & Co. WI ADV grew its position in iShares MSCI Intl Quality Factor ETF by 85.4% in the 4th quarter. Landaas & Co. WI ADV now owns 39,102 shares of the company’s stock worth $1,777,000 after purchasing an additional 18,013 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in iShares MSCI Intl Quality Factor ETF by 84.8% in the 4th 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 purchasing an additional 2,956,717 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 2.2%

Shares of NYSEARCA:IQLT opened at $50.58 on Friday. The firm’s 50 day moving average is $49.32 and its two-hundred day moving average is $48.39. iShares MSCI Intl Quality Factor ETF has a 52 week low of $41.20 and a 52 week high of $50.61. The firm has a market capitalization of $13.93 billion, a P/E ratio of 18.86 and a beta of 0.83.

iShares MSCI Intl Quality Factor ETF Company 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.