Sequoia Financial Advisors LLC Sells 13,421 Shares of iShares MSCI Intl Quality Factor ETF $IQLT

Sequoia Financial Advisors LLC lowered its position in iShares MSCI Intl Quality Factor ETF (NYSEARCA:IQLT) by 5.2% in the third quarter, HoldingsChannel.com reports. The fund owned 243,385 shares of the company’s stock after selling 13,421 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI Intl Quality Factor ETF were worth $10,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of IQLT. IRON Financial LLC lifted its stake in iShares MSCI Intl Quality Factor ETF by 1.3% in the 3rd quarter. IRON Financial LLC now owns 18,118 shares of the company’s stock valued at $801,000 after purchasing an additional 233 shares during the last quarter. World Equity Group Inc. lifted its position in shares of iShares MSCI Intl Quality Factor ETF by 3.8% in the third quarter. World Equity Group Inc. now owns 6,739 shares of the company’s stock valued at $298,000 after buying an additional 245 shares during the last quarter. Nwam LLC boosted its stake in shares of iShares MSCI Intl Quality Factor ETF by 4.2% during the 2nd quarter. Nwam LLC now owns 6,217 shares of the company’s stock worth $262,000 after acquiring an additional 248 shares during the period. Brady Martz Wealth Solutions LLC increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 2.0% during the 3rd quarter. Brady Martz Wealth Solutions LLC now owns 14,794 shares of the company’s stock worth $654,000 after acquiring an additional 286 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of iShares MSCI Intl Quality Factor ETF by 1.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 18,259 shares of the company’s stock worth $789,000 after acquiring an additional 311 shares during the last quarter.

iShares MSCI Intl Quality Factor ETF Trading Up 0.4%

IQLT opened at $47.25 on Monday. The stock’s fifty day simple moving average is $45.34 and its 200 day simple moving average is $44.22. iShares MSCI Intl Quality Factor ETF has a 1-year low of $35.51 and a 1-year high of $47.27. The stock has a market cap of $14.13 billion, a PE ratio of 18.86 and a beta of 0.89.

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. IQLT was launched on Jan 13, 2015 and is managed by BlackRock.