Belpointe Asset Management LLC Sells 840 Shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT)

Belpointe Asset Management LLC decreased its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 4.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,230 shares of the company’s stock after selling 840 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $834,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Avior Wealth Management LLC lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 85.7% in the fourth quarter. Avior Wealth Management LLC now owns 934 shares of the company’s stock valued at $35,000 after acquiring an additional 431 shares in the last quarter. Fifth Third Bancorp lifted its holdings in iShares MSCI Intl Quality Factor ETF by 145.7% in the 4th quarter. Fifth Third Bancorp now owns 1,575 shares of the company’s stock worth $58,000 after purchasing an additional 934 shares in the last quarter. Physician Wealth Advisors Inc. bought a new position in iShares MSCI Intl Quality Factor ETF in the 4th quarter worth approximately $104,000. Lee Danner & Bass Inc. purchased a new stake in iShares MSCI Intl Quality Factor ETF during the 4th quarter valued at approximately $126,000. Finally, EverSource Wealth Advisors LLC grew its holdings in iShares MSCI Intl Quality Factor ETF by 15.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,993 shares of the company’s stock valued at $148,000 after buying an additional 534 shares in the last quarter.

iShares MSCI Intl Quality Factor ETF Stock Performance

IQLT stock opened at $39.54 on Wednesday. The company’s fifty day moving average price is $39.72 and its 200-day moving average price is $39.14. iShares MSCI Intl Quality Factor ETF has a one year low of $35.51 and a one year high of $41.93. The company has a market capitalization of $8.88 billion, a PE ratio of 18.79 and a beta of 0.86.

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.