72,909 Shares in iShares MSCI Intl Quality Factor ETF $IQLT Acquired by Shum Financial Group Inc.

Shum Financial Group Inc. acquired a new stake in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) during the third quarter, according to its most recent filing with the SEC. The firm acquired 72,909 shares of the company’s stock, valued at approximately $3,222,000. iShares MSCI Intl Quality Factor ETF comprises approximately 2.4% of Shum Financial Group Inc.’s holdings, making the stock its 11th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in iShares MSCI Intl Quality Factor ETF by 244.0% in the second quarter. GAMMA Investing LLC now owns 829 shares of the company’s stock valued at $36,000 after acquiring an additional 588 shares during the last quarter. Independence Bank of Kentucky bought a new stake in iShares MSCI Intl Quality Factor ETF during the 2nd quarter worth about $41,000. Qube Research & Technologies Ltd acquired a new position in iShares MSCI Intl Quality Factor ETF during the 2nd quarter valued at about $42,000. Russell Investments Group Ltd. lifted its position in iShares MSCI Intl Quality Factor ETF by 312.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,125 shares of the company’s stock valued at $49,000 after purchasing an additional 852 shares during the period. Finally, Clearstead Trust LLC bought a new position in shares of iShares MSCI Intl Quality Factor ETF in the 2nd quarter valued at about $61,000.

iShares MSCI Intl Quality Factor ETF Price Performance

IQLT opened at $45.68 on Wednesday. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 18.86 and a beta of 0.89. The firm has a 50 day simple moving average of $44.86 and a 200 day simple moving average of $43.86. iShares MSCI Intl Quality Factor ETF has a fifty-two week low of $35.51 and a fifty-two week high of $45.83.

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.