iShares MSCI Intl Quality Factor ETF $IQLT is Sunburst Financial Group LLC’s 6th Largest Position

Sunburst Financial Group LLC lifted its position in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 65.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 689,581 shares of the company’s stock after purchasing an additional 272,105 shares during the period. iShares MSCI Intl Quality Factor ETF accounts for about 6.4% of Sunburst Financial Group LLC’s holdings, making the stock its 6th biggest position. Sunburst Financial Group LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $30,473,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IQLT. Northwestern Mutual Wealth Management Co. increased its stake in iShares MSCI Intl Quality Factor ETF by 1,299.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,858,904 shares of the company’s stock valued at $1,463,382,000 after buying an additional 31,439,365 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 24,974,867 shares of the company’s stock worth $1,079,414,000 after buying an additional 4,094,153 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Intl Quality Factor ETF by 33.1% in the second quarter. JPMorgan Chase & Co. now owns 7,008,860 shares of the company’s stock valued at $302,923,000 after acquiring an additional 1,741,531 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares MSCI Intl Quality Factor ETF during the second quarter valued at approximately $50,850,000. Finally, 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 acquiring an additional 1,107,638 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.2%

IQLT stock opened at $45.80 on Friday. The stock has a market cap of $13.40 billion, a P/E ratio of 18.86 and a beta of 0.89. The stock’s fifty day simple moving average is $44.83 and its two-hundred day simple moving average is $43.83. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $45.81.

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.