MBA Advisors LLC Has $15.75 Million Position in iShares MSCI Intl Quality Factor ETF $IQLT

MBA Advisors LLC increased its stake in shares of iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 7.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 317,950 shares of the company’s stock after acquiring an additional 23,227 shares during the period. iShares MSCI Intl Quality Factor ETF comprises about 5.1% of MBA Advisors LLC’s portfolio, making the stock its 2nd largest position. MBA Advisors LLC owned about 0.12% of iShares MSCI Intl Quality Factor ETF worth $15,754,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Arax Advisory Partners bought a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at approximately $37,000. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI Intl Quality Factor ETF in the second quarter valued at $42,000. Lloyd Advisory Services LLC. acquired a new stake in iShares MSCI Intl Quality Factor ETF in the 4th quarter valued at about $44,000. Russell Investments Group Ltd. boosted its stake in shares of 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 worth $49,000 after acquiring an additional 852 shares during the period. Finally, International Assets Investment Management LLC bought a new position in iShares MSCI Intl Quality Factor ETF during the fourth quarter worth $51,000.

iShares MSCI Intl Quality Factor ETF Stock Performance

NYSEARCA IQLT opened at $51.09 on Thursday. The firm has a 50-day moving average of $50.44 and a 200-day moving average of $49.04. The stock has a market cap of $14.08 billion, a PE ratio of 18.86 and a beta of 0.82. iShares MSCI Intl Quality Factor ETF has a 52-week low of $42.71 and a 52-week high of $52.36.

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.